Quote from: k on April 02, 2013, 08:18:03 PM

Quote from: Vladimir on April 02, 2013, 08:10:35 PM

I guess it is the later. Not a big surprise considering that Brits were pushed out of every biz except selling their houses to each other.

I think it must be wrong. Compare to other EU countries of similar population (i.e. Italy, France). M1 for Ireland is more than UK even though population is less than 1/10th the size.

$100,900,000,000.00/62 million (rough UK population) leaves just over $1600/person. Seems way too low.

M1 includes pretty much only cash. Money stored in bank accounts is not included.