Jump to content
House Price Crash Forum
Sign in to follow this  
Pindar

Eu Debt Bomb In Pictorial Form

Recommended Posts

europe%20debt.jpg

This scary graphic captures the full horror of EU debt. A trillion can patch the leak in the dam for a while longer but what happens when it finally bursts?

http://www.globalres...xt=va&aid=19239

errrr......... ive seen this graph a few tiimes now, but if you look at it, britain is owed about 400 billion so I guess we are not in bad shape at all!!

this graph seems to imply that no debts are held out of Europe????? is that true?

Share this post


Link to post
Share on other sites

Rabo Bank is offering Max Variable Rate (in Australia on line)

6 .40% p.a.

Special rate is a fixed 1.40%p.a above the standard variable rate and is available for new deposits until 31/12/2010 on balances up to $1 million. Not applicable to existing total deposits balance amount as at 20/5/2010.

I think Rabo is a Nedlands Bank.

Smacks of desperation.

Is it gona be like the Icelandic banks? A black hole sucking in all matter?

Share this post


Link to post
Share on other sites

are these figures nett? if italy owes France 511 bln and France owes Italy 500nln thats a net of 11 .... if on the other hand Italy really owes a nett of 511 bln you have to worry. We are starting to see clear evidence that a huge wave of debt defaults is looming and the casualties will be bank and pension fund customers.

Share this post


Link to post
Share on other sites

are these figures nett? if italy owes France 511 bln and France owes Italy 500nln thats a net of 11 .... if on the other hand Italy really owes a nett of 511 bln you have to worry. We are starting to see clear evidence that a huge wave of debt defaults is looming and the casualties will be bank and pension fund customers.

No the figures are not net otherwise there wouldn't be bidirectional flows between the countries, there would be a single arrow with the net amount.

Its still pretty serious, surprisingly its France/Italy that seems the worst. No inbound arrow from Italy, surely that can't be net?

Share this post


Link to post
Share on other sites

Very interesting diagram, but it suspiciously omits any reference to what the UK, France and Germany may owe the PIIGS.

PIIGS owe the UK $418bn in total (net?) according to this diagram. Within the Eurozone Germany and France are owed more, and does the diagram include the recent Greek bailout?

I'd like to see a diagram (or hey, a simple list). of the UK net debts and credits worldwide, or net liabilities. That's the bottom line for us.

Edited by happy_renting

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 277 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.