I heard an interesting fact recently that put the scale of UK debt into perspective.
How long is a million seconds? The answer is roughly 11.5 days but how long is a billion seconds? Three months? Six months? I was staggered to learn it’s more than 33 years.
I haven’t even thought about how long a trillion seconds is and I don’t think my calculator will allow me enough zeros anyway. So when you hear billions being thrown around, bear this fact in mind.