Eurozone debt.Who owes what

Discussion in 'Markets & Economies' started by Peter, Nov 18, 2011.

  1. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,635
    Likes Received:
    121
    Trophy Points:
    63
    Location:
    sydney
    Eurozone debt web: Who owes what to whom?
    The circle below shows the gross external, or foreign, debt of some of the main players in the eurozone as well as other big world economies. The arrows show how much money is owed by each country to banks in other nations. The arrows point from the debtor to the creditor and are proportional to the money owed as of the end of June 2011. The colours attributed to countries are a rough guide to how much trouble each economy is in
    click on.

    Note US debt.

    http://www.bbc.co.uk/news/business-15748696.
     
    Peter, Nov 18, 2011
    #1
  2. Nugget

    Nugget Well-Known Member Silver Stacker

    Joined:
    Aug 16, 2009
    Messages:
    4,505
    Likes Received:
    42
    Trophy Points:
    48
    Location:
    Brisbogan
    Very interesting link


    Note that the US debt per GDP and per Capita, when compared to others in the infomatic isn't that bad.


    One comment - Why doesn't Ireland just pull an Iceland? Debt that high isn't repayable. Oh yeah, that's right. Ireland was sold out to the Bankers by their politicians.
     
    Nugget, Nov 18, 2011
    #2
  3. white-metal-man

    white-metal-man Member

    Joined:
    Jun 10, 2010
    Messages:
    806
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    australia
    very informative charts.....thanks for the link!!!!
     
    white-metal-man, Nov 18, 2011
    #3
  4. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    Very scary indeed..... Surely they can't solve it this time!
     
    TheEnd, Nov 19, 2011
    #4
  5. octapotamus

    octapotamus Member Silver Stacker

    Joined:
    Aug 18, 2011
    Messages:
    210
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Perth
    Do they still count money two indebted nations owe to eachother? This seems idiotic, both paying interest on debts that cancel eachother out.. or am I missing something?
     
    octapotamus, Nov 20, 2011
    #5
  6. VRS

    VRS Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2011
    Messages:
    5,164
    Likes Received:
    92
    Trophy Points:
    48
    Location:
    Brisbane
    Cheers 4 that P ;)

    Actually I'm surprised that the UK doesn't owe (apparently according to this) more - but then again Britland only recently finished paying back its loans from the US for WW2... That's just astonishing... 117k for every head of population... I'm gobsmacked... ( http://www.cobdencentre.org/2010/08/the-uk-is-broke/ ) One thing to say is that the diagram doesn't take into account interest payments on sums owed whichever way... RESET BUTTON ANYONE?!? (The big red one with CN on it is no longer working...) ;) x
     
    VRS, Nov 21, 2011
    #6
  7. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    omg have a look ar irelands debt per person :O 390,969
     
    hiho, Nov 21, 2011
    #7
  8. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

    Joined:
    Oct 29, 2010
    Messages:
    1,426
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Perth
    Spains numbers look better than the UK's on both fronts - why is is medium risk and UK low?
     
    Smoothcriminal, Nov 21, 2011
    #8
  9. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    it's what up your sleevy that counts
     
    thatguy, Nov 21, 2011
    #9
  10. brixnmorta

    brixnmorta New Member

    Joined:
    Nov 1, 2011
    Messages:
    18
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    As there are so many Aussies on this forum I am pretty sure this link has been posted before so apologies if you have seen this, but in true Blue style these guys explain the Euro crisis without the bs which is reserved for the financial media.

    [youtube]http://www.youtube.com/watch?v=I5QwKEwo4Bc[/youtube]

    It is also one of my favourite clips to remind me why I am buying PMs.
     
    brixnmorta, Nov 21, 2011
    #10

Share This Page