The first way to reduce the national debt is to start using the correct terminology.
If you listen to the news and all the finance experts the UK is currently over £900 billion in dept, some say over a trillion, but they are wrong. Let me tell you why.....
A british billion is a 1 followed by 12 zeroes, where as an american billion is a 1 and 9 Zeroes. For some reason the banking sector is using the american system. I say lets go back to the British numbering system. This was 900,000,000,000 (900 US Billion) is really only 0.9 British Billion, so the debt is instantly lower.
This leads nicely onto the second way . The stock markets and banks seem to work on rumours and here say , if there's a hint that something is going on markets go up and down, if someone official is about to make a speech the markets go up and down, so why doesn't someone like The head of the IMF (Christine Lagarde) just hold a press conference and say " You know what, we've had another look at the finances and it doesn't look as bad as we thought" This will send the markets soaring, the banks would start lending, people would start spending and everyone would be happy.
But what do I know ?.....
