Re:UK Debt Hits 100% of GDP, Highest Level Since 1960s
by sdeer on Friday September 20, 2024 @02:55PM
(#41604619)
UK was actually reducing their debt as percentage of GDP throughout 1960s. It went down below 100% in 1961 and kept going down all the way to 1990 or so. The debt had originally climbed to over 250% as a result of financing the two world wars.
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