[melx]

UK's debt-to-gdp reached 100.5%, and France has about 112.5% (many other western economies probably have similar level of debt.)

I'm not economist, so can someone tell me what does such high debt mean in short/long term perspective?

[gumballindie]

> I'm not economist, so can someone tell me what does such high debt mean in short/long term perspective?

Not an economist either, but in the UK this means ever increasing taxes and lower quality services and infrastructure. And it's not going to change anytime soon.