we are fucked as a species. so i can't buy a house, and neither can anyone else i know. i have 70,000 student debt, which i'm not that worried about because i only pay off a fraction and all i'm jobseekers and live rent free wih my brother who sells speed- however i graduated in a class of about 150 people just for my course, the vast majority of those who will never pay their debt off as well. scaling that up, for just my university and just my class that is 10,500,000 in debt which will just evaporate. scaling that up further that's billions of  that just exist as numbers on a spreadsheet across just my university, so tens of billions across all universities. money that will never be seen, and doesn't really exist. but that adds to debt as the government ultimately backs these loans. i then looked at the us, and looked at government debt as a % of gdp and saw how it dwarfs gdp. this is unsustainable and no country should ever let themselves get in this situation. so there must be a reason.i took the figures for the last 50 years, and then looked at life expectancy. running a linear regression shows 0.616 so about 61.6% of the variation in life expectancy can be explained by debt as a % of gdp. this is moderate and suggests debt percentage of gdp has a meaningful relationship with life expectancy. i then worked out the debt coefficient (0.05930) so can see for each 1% increase in debt , life expectancy appears toincrease by 0.0593 years (about three weeks). to ensure i wasn't crazy i then looked at a pearsons correlation (r=0.785, p=<0.01) so there is a strong positive correlation that is significant between debt % of gdp and life expectancy. as debt increases, life expectancy increases. debt increases life, so we can get in more debt, and then live longer to pay off debt. it's a vicious circle and debt is god. debt is conscious. it will do nothing but increase until debt is 10,000,000% gdp and we can't retire util we are 600 years old
United Kingdom