by LSP on May.03, 2010, under Economy
Italy owes France $511 Billion dollars!
Greece’s sovereign debt crisis is clearly just the start…
(Figures above converted in to USDollars as the graffic came from the NY TImes – funnily enough its obviously in the US interest that the Euro gets nailed as it makes the USDollar look far more attractive than it really is)
May 6th, 2010 on 12:45 am
exactly, the US has a higher debt level and bigger unfunded liabilities of everyone, only not in relation to their GDP (yet).