UK’s Massive £5 Trillion Plus Real Debt Will Result In Currency Crisis

By Mark O’Byrne of GoldCore

Wednesday, May 22, 2019 4:10 AM EDT

(Video length 00:18:37)

While all the focus is on Brexit, the UK faces a debt and currency crisis
UK has over $8T in external debt: 2nd largest debtor in the world after the U.S.
True UK government debt exceeds £5 trillion as pension liabilities not in official numbers
Total UK national nominal debt surged over £2 trillion; Increasing at over £5k per second
Total debt (government, private, business & bank debt) as a percent of GDP is over 500%
Total UK debt could total £6.7 trillion by 2023, rising to nearly 260% of GDP – PWC
Diversify and own gold in the most cost-effective way (CGT free gold sovereigns and gold and silver Britannias in the UK) and safest way in fully allocated and fully segregated storage

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