कोशिश गोल्ड - मुक्त
Taking a 45-year view of bond markets can insure us against tomorrow's shocks
The Observer
|July 13, 2025
What will the UK look like in 2070? The population will rise by 7 million, hitting 76 million, the UN predicts.
But it could shrink to 65 million or swell to 88 million, depending on what happens with birth rates and immigration. Temperatures may rise 1C, if countries stick to their Paris Agreement promises, but could be up 2.5C if they do not. Computer chips will be 6m times more powerful, but only if Moore's Law holds. On a 45-year view, it's safe to say things are uncertain.
Except when it comes to UK debt. The British government's IOUs currently total £3tn, a little over 100% of GDP. They include bonds that mature - that is, must be paid back - in 2071 and 2073. Forget about death and taxes: the only thing certain about the future is debt.
यह कहानी The Observer के July 13, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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