NYT Diagram of Europe’s Web of Debt
Saw this picture on Barry Ritholtz’s site which came originally from NYT. A useful diagram of Europe’s debt situation. According to NYT “Banks and governments in these five shaky economies owe each other many billions of euros (converted here to dollars) and have even larger debts to Britain, France and Germany. Arrow widths are proportional to debt amounts.” Click the picture for full size image that’s part of the NYT feature on this topic.