Monday, May 3, 2010

European Debt Web.

Posted by Sean Doyle, May 3, 2010
Chart Image Courtesy of Bill Marsh/The New York Times.

Oh! What a tangled web we weave when first we try to....well you get the point. Great graphic from the NYT website illustrating which of the P.I.I.G.S. owe to whom (Other Pigs and Non-Pigs alike) and how much. The numbers are staggering and complicated, but from this weave one sees how very important it is to prop up Greece, lest the house of cards (or tangled web) collapses and brings down the World's second most important economic union.

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