EUROPE’S WEB OF DEBT – Pragmatic Capitalism

Courtesy of the NY Times via Bondsquawk:

The New York Times posted this to help visualize the problem and to determine which European countries owe whom. Here’s the original link.

Europe’s Web of Debt by the New York Times (click to enlarge)

Source: NYT

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.

He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.