UK will default on its debt.

Created by Raahul_Kumar on 2015-07-02; known on 2015-12-27; judged wrong by kuudes on 2015-12-27.

• Raahul_Kumar estimated 100% on 2015-07-02
• David estimated 2% on 2015-07-03
• Raahul_Kumar estimated 100% and said “David, can you explain how the UK could possibly repay its debt?” on 2015-07-04
• Raahul_Kumar estimated 100% and said “The UK has the highest gross foreign debt of any European country (€7.3 trillion; €117,580 per person)https://en.wikipedia.org/wiki/European_debt_crisis_contagion” on 2015-07-04
• JoshuaZ estimated 1% on 2015-07-04
• Afforess estimated 1% on 2015-07-05
• kuudes estimated 1% and said “I would be rather surprised of such events occurring this year. Remember that countries do not have to reduce their debt to 0, UK government already has debts it pays interest only etc.” on 2015-07-05
• Raahul_Kumar estimated 100% and said “Greece’s troubles were the most rapidly looming threat to financial stability in Britain, the Bank of England said, but other dangers came from a record current account deficit, highly indebted housing market https://tinyurl.com/nwq8btw” on 2015-07-11
• Raahul_Kumar estimated 100% and said “Debt as % of GDP 82.20% and 2.335 trillion in USD. National debt clock UK” on 2015-07-11
• Raahul_Kumar estimated 100% and said “In 2014, the UK’s current account deficit was £97.9 billion and 5.5% of GDP at current market prices. This was the largest annual deficit since records began in 1948. Office for National Statistics Q4 and annual 2014” on 2015-07-11
• quanticle estimated 5% and said “The UK is actually making strides in paying down its debt. Out of all the major world powers, I expect the UK to be the least likely to default.” on 2015-07-15
• kuudes   judged this prediction wrong on 2015-12-27.