Qualifying factors
Not just size, but also ratio of debt owed in sterling and that held in other currencies. Present ND is lower than in 1946, and is lower than Japan's. All countries except 4 are in debt, and debt is an intrinsic part of conventional economics since money is created through loans.
UK economic problems »UK economic problems
Government Spending »Government Spending
National Debt »National Debt
Qualifying factors
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