I hate to be the one to bring some basic maths to this thread, but…
UK Debt is actually £1,700,000,000,000 (give, or take, a bit)
The United Kingdom National Debt Clock 2016 Counter >> nationaldebtclock.co.uk
So you are out by a factor of 10 million
times the real answer.
As a guide, the USA (No.1 economy in the world) had a debt of £19,000,000,000,000 (again, give, or take, a bit).
U.S. National Debt Clock : Real Time
There may be a lot of things wrong with this country, however…
- We are NOT some 3rd world / tin pot country.
- We are still the 5th biggest economy in a world of almost 200 countries.
- We are one of only 5 permanent members of the UN Security Council.
- We are one of only 9 countries in the world with nuclear weapons.
( Regardless of whether you think that is a good, or bad, thing. )
Which is why I fully expect the UK to continue punching above its weight going forward.
( Provided everyone stops talking this country down. )
Although, ideally, the UK's wealth should be spread around a bit more fairly going forward too.
Cheers, Paul.