I want to know if this view of the economy is basically correct:
When it boils down to it, money is just work done by individuals. You can get paid £1/day in a poor third world country or £30,000/day like some *cough* professional footballers.
So how are we in so much debt? Last I checked in the UK it was £900 billion. Which is a lot. And it's more in other countries, like the USA.
When it boils down to it, money is just work done by individuals. You can get paid £1/day in a poor third world country or £30,000/day like some *cough* professional footballers.
So how are we in so much debt? Last I checked in the UK it was £900 billion. Which is a lot. And it's more in other countries, like the USA.