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"We don't know the scale of debt," said Dong Tao, an economist with Credit Suisse First Boston in Hong Kong.
Brown had met Duffy, 65, on the streets of Rochdale when she accosted him over a range of issues including the scale of debt, taxes and tuition fees.
You earn while you learn – not mega-bucks – but it should mean you don't end up with the scale of debt acquired by paying tuition fees.
Its original proponents could not have imagined the scale of debt that now exists (global debt stands at 286% of GDP today).
The lower rating of BBB+, down from A- before, was still within Fitch's scale of debt considered to be of investment grade for bondholders.
The ratio of total debt to GDP in both America and Britain has fallen by just over ten percentage points from its peak a fraction of the scale of debt reduction in a typical deleveraging period (see article).
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Citizens Advice said the cap would help limit the scale of debts but its success would depend on enforcement.
Yet this possibly London-centric view underestimates the sheer scale of debts already accumulated and, after a brief period of repayment, the need to feed consumption with debt.
I didn't give her the attention and love I should have done, and I still feel that there's something outstanding between us.' Debt, you see, is a very broad thing, and the scale of the debt doesn't matter.
As a first step, it should open up PFI contracts to ensure the public has a proper account of the rates of return and profits; second, it must reveal the true scale of PFI debt and current and future liabilities; third, it needs to show what role PFI debt instruments have played in the current bank fiasco both here and internationally.
The countries are ranked by adding together their relative league-table positions on these three measures, a rough gauge of the scale of their debt problems.The fourth column adds another source of risk the average time to maturity of outstanding government debt.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com