Skip to content

Web of the PIIGS’ Debt

The New York Times had a nice info-graphic that shows the scale and interconnectedness of the European Debt problem.  What truly stands out to me is Spain.  If Portugal defaults on the $86B owed to Spain, would that cause the cascade effect for Germany and France?

As I have said, we need a very large bailout and then we can think about giving up the Eurozone.

Posted in Economics, Markets, Politics.

Tagged with , , , , , , .

Copyright © 2009-2013 SurlyTrader DISCLAIMER The commentary on this blog is not meant to be taken as an investment advice. The author is not a registered investment adviser. There is no substitute for your own due diligence. Please be aware that investing is inherently a risky business and if you chose to follow any of the advice on this site, then you are accepting the risks associated with that investment. The Author may have also taken positions in the stocks or investments that are being discussed and the author may change his position at any time without warning.

Yellow Pages for USA and Canada SurlyTrader - Blogged