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You can call it govt debt but printing money or quantative easing is not the answer and just covers up the long term problem which as you rightly say is inflation or hyperinflation is it runs out of control. I'd also add here that our debts before were mainly war debts but this is simply public...

You are out of date - that changed from 2003 Although the majority of gilts are held by British institutions, The amounts held overseas have risen sharply since 2003. Just over 35% of our national debt is owed to foreign governments and investors. We're relying on the confidence of foreign...

There's no panic atm about our debt because they are hoping our growth will service it - Its (false) low interest rates that stopped domestic financial meltdown, Its the rush of foreign money to the UK who see it as a safe haven. The banks are rebuilding their business at the expense of the poor...

What a load of tosh - you are slating Brown for what he did and then using his formula to provide the solution to the debt you doubled. There is only one way to cut debt and that is to borrow less and tax more - that might be unpalatable to the public but its what was needed to happen. Your...

Trig I'm no labour supporter (no difference in any of them) but they haven't reduced the rate they sped it up. The only thing that saved the UK was not being financially tied to the Euro. We owe £20,248 for every man, woman and child That's more than £45,025 for every person in employment...

So why are the coalition still borrowing?

The coalition will leave more debt than all Labour governments since 1900 http://www.politics.co.uk/comment-analysis/2014/06/17/the-coalition-will-leave-more-debt-than-all-labour-governmen If the growth forecast doesn't bring down the debt we are F******