I found an article a few days ago, which detailed the amount of debt in the US – a staggering £7 trillion! (can’t remember the link, sorry…) Then it got me thinking about debt in the UK. I know the debt in Britain is a lot lower than that of America, simply because of population, but I wondered what the ratio of debt-per-adult was.
Then I came across this article from a UK debt management company. It’s a very recent article and was just what I was looking for.
Apart from the actual amount of debt, which is unbelievable, it’s interesting just how close personal debt is in these two countries.
Read the United In Debt article for yourself here >>
Friday 8 February 2008
Debt in the UK & US
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