Thursday, November 10, 2011

It went up how much?!!

According to the FT the EU hasd just revealed some frankly startling figues on debt,

The European Union’s executive body said sovereign debt levels in the eurozone would increase next year by more than previously thought, reaching 90.4 per cent of overall gross domestic product, up 88 per cent this year.
Yes you read that right, up 88%!

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