Stefan Schubert: British net debt-to-GDP ratio remains elevated after financial crisis

Stefan Schubert: British net debt-to-GDP ratio remains elevated after financial crisis
British debt-to-GDP surged after crisis

Stefan Schubert highlights that the British net debt-to-GDP ratio increased much more quickly during and after the financial crisis than it has in recent years.

Schubert also observes that the government did not significantly reduce the debt ratio before the Covid pandemic, resulting in a much higher current level.

Schubert has previously pointed to links between cultural practices and economic figures, noting research that found Chinese mayors avoid investing in feng shui "unlucky" areas, which reduced China’s GDP by at least a measurable amount. In another analysis, he observed that UK housebuilding costs are rising faster than property prices, making new construction less attractive according to his report.

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