Monday, January 17, 2011

Going round the clock

In the unlikely event that you are reading Questing Vole as I type, you have only a few minutes to get over to this website and see something historic happening.

At just after 5.15pm today, the national debt in Great Britain will tick over to £1 trillion. It has been increasing at the rate of £7,000 every second and the interest paid on it last year amounted to more than £42 billion.

A rather sobering thought whenever we hear people moan about the odd million being trimmed off council spending here and there. How on earth do we get out of this mess?

1 comment:

BenS said...

It's gone up over one billion since your post!!