Daily Mail estimates debt + liabilities at two trillion

The Daily Mail has a front page today with a worst case projection of the UK national debt including the liabilities of state-owned or guaranteed banks at two trillion pounds (that's American trillion e.g. £2,000,000,000,000.)

You can read the article here.

I'm not gloating over this, and I emphasise that it is a worst-case projection, but I find it terrifying.

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