With a Hat Tip to Barry Ritholtz, here's some really good interactive graphics that provide additional information on Europe's (and our global) debt mess. Enjoy (or get worried).
And keep in mind - as I discussed here - there's a difference between systemic risk (the political stupidity in the U.S.) and financial risk (Greece). How people talk about Europe's debt is important. At the end of the day, Germany's the key ... and pray to God (or whoever you pray to) they're either poitically ambitious or still looking for redemption.
- Mark
And keep in mind - as I discussed here - there's a difference between systemic risk (the political stupidity in the U.S.) and financial risk (Greece). How people talk about Europe's debt is important. At the end of the day, Germany's the key ... and pray to God (or whoever you pray to) they're either poitically ambitious or still looking for redemption.
- Mark
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