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Debt, students, shark and chips

More or Less: Behind the Stats

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Comparing Current and Historical Debt Levels and the Impact of Debt on a Country's Flexibility

This chapter explores the current debt levels and compares them to historical levels, highlighting that while the current levels are much higher than they were 20 years ago, the UK has had much higher levels of debt in the past, particularly after the two world wars. The chapter questions whether debt is inherently bad and discusses the indicators of unsustainable debt.

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