Quote Originally Posted by Furunculus View Post
no, now its just a question of whether i will be retiring in a country that more resembles france or hungary, given that we are facing a national debt of 400% of GDP by 2040!
That can change pretty quickly though. Most of the problems which would cause that is because of the recession and banking crisis. As the economy picks up, that will go away anyway. What the government needs to do is cut all the "waste" and downsize some of the programmes which simply are not benefitical on the whole. They would also have to start repaying the actual debt.

Also, with some of the nationalisation of the banks, the government has already made a profit in terms of shares. Soon, the government could hypothetically sell those shares and get back a lot of the lost money in the bail-outs.