UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis

Source: https://www.investmentwatchblog.com/uks-massive-5-trillion-plus-real-debt-will-result-in-currency-crisis/
Published: May 22, 2019
Author: staff
Post Date: 2019-05-22 19:16:28 by Horse
Views: 16

While all the focus is on Brexit, the UK faces a debt and currency crisis - Total UK national debt surges over £2 trillion - increasing at over £5k per second - True level of UK government debt exceeds £5 trillion as pension liabilities not in https://info.goldcore.com/cgt-free-go...

- UK has over $8T in external debt: 2nd largest debtor in the world after the U.S.

- Total debt (government, private, business & bank debt) as a percentage of GDP is over 500% - Total UK debt could total £6.7 trillion by 2023, rising to nearly 260% of GDP - PWC - Diversify and own gold in the most cost effective way (CGT free gold sovereigns and gold and silver Britannias in the UK) and safest way (fully segregated)


Poster Comment:

The man talking about UK economic woes is an Irishman which is fitting.

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