Debt Webs

debt-webs

In the wake of today’s stock-market-crash-cum-partial-recovery, here’s a diagram1 documenting the loans that a few of Europe’s weaker economies owe to each other. Figures are in billions of dollars. Click for a larger view.

While there seems to be plenty to criticize about the fiscal policy of the Eurozone, it’s worth noting that America’s national debt is at $12.31 trillion (as of Q4 2009). For the infographically-minded, if we were to extrapolate from the size of the European debt circles then attempting to represent the US debt would exceed the size of the diagram.

1 Diagram blatantly stolen from the NYT.

This entry was posted on Thursday, May 6th, 2010 at 5:05 pm and is filed under economics, infographic. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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