Daily Doom

[DimPrawn]

Britain's total debt to top £2,000,000,000,000 - Telegraph

The full scale of Britain’s fiscal black hole will be revealed on Wednesday when the Government adds another £1,200billion of debt to its books.



Can you store that in an int32?

[SimonMac]

Has the UK's debt topped tonights EuroMillions jackpot?

Too many 0's for me to work out

[Sysman]

Can you store that in an int32?

I'd recommend COBOL packed decimal.

Oh, hang on a minute.

[TimberWolf]

Britain's total debt to top £2,000,000,000,000 - Telegraph

The full scale of Britain’s fiscal black hole will be revealed on Wednesday when the Government adds another £1,200billion of debt to its books.



Can you store that in an int32?

£2,000,000,000,000 = 2^(? bits)

So ? bits = log(2,000,000,000,000)/log(2) = 41 bits and since this is a negative number we need another bit for a sign = 42 bits. Given that int32 sounds suspiciously of the order of 32 bits, the answer is no. We need a whole new integer defined to deal with economic numbers.

[Doggy Styles]

HMG are not adding new debt, they are now properly accounting for liabilities of pensions in the public sector and projects under private finance initiatives.

It's about bloody time. Together these amount to even more than the previous official national debt, but had been brushed under the carpet for political reasons.

It's a f***ing lot though, eh?

[scooterscot]

Time for the UK to default?

[PinkPoshRat]

I'm sure this country wouldn't be in such as mess if we stopped fighting other peoples wars. Every day costs us shed loads.

[lukemg]

HMG are not adding new debt, they are now properly accounting for liabilities of pensions in the public sector and projects under private finance initiatives.

It's about bloody time. Together these amount to even more than the previous official national debt, but had been brushed under the carpet for political reasons.

It's a f***ing lot though, eh?

Wish this was true - the deficit is getting lower but, the books are still way off balancing. Total debt is still increasing....

[Doggy Styles]

Time for the UK to default?

Nah, the UK is actually doing something about it.

Luckily, HMG can point at Europe and say "Look at what happens if you don't sort it out"

[Doggy Styles]

Wish this was true - the deficit is getting lower but, the books are still way off balancing. Total debt is still increasing....

It is true. The point is that most liabilities are now out in the open, not that they are being cleared.