It's the equivalent of £16000 each for every man, woman and child in the UK. If you add in the back rescue money as well, that's another £16,000 per person.
So as well as our personal debts, now each of us is saddled with £32000 extra for the management of the country's debt.
The median wage in the UK is around £26,000 so our government debt dwarves an average worker's take home pay.
This can't continue, the interest on the debt will cripple us.
And people are surprised that consumer spending is lower?
Never mind the negative effects on mental health. It's going to be an interesting year of the Dragon (chinese New Year)
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