who owes what - eu

Pred · Nov 19, 2011

heres a good graphic
shows what each country owes
what an absolute game of musical chairs

it' s like me saying i owe paul a million, he owes frank 1.5 million who owes admin 1 million who owes me 1.5 million, so you see guvnor we cant pay you back
nuts

http://www.bbc.co.uk/news/business-15748696

click each country link to show graphic

accelerator · Nov 19, 2011

Thanks for posting ... I like these web graphics as it makes it so much easier to understand.

Rgds

Pred · Nov 19, 2011

yeah, makes easier as very complicated

I don't like the states and their incessant meddling in europe
however, when you see how much cash they are owed, they do have a say in things
everyones fault for letting get that way

this is also very thought provoking. has been talked about in truther circles, but is now being talked about already in mainstream

http://www.independent.co.uk/news/b...cy-goldman-sachs-conquers-europe-6264091.html

retired_member33 · Nov 21, 2011

Every country in the world owes each other money, most of the times its on long term loans or bonds which can not be paid a la minute and most of the time it is better to leave them as they gain interest.

Being a mainland Europe citizen living in The UK there is something which I can not understand... On every news item being it the BBC, the Guardian or any other source seem to critize the Eurozone for being the Eurozone and the fact that huge bailouts are being paid, but how strong is the British Pound? We have seen a huge crash a few years ago, I still remember that one Euro was worth more or the same then a Pound..

How strong is the British Pound? Looking at how many people over here are in debt being caught up in payday loans, buying cars on credit or even decorating their houses using a credit card in combination with the huge unemployment rate amongst youngsters...Not even to mention the fact that the UK does not really export anything and basically lives on importing things..

It makes me wonder... How close is the UK to a 2nd meltdown and who will support them and should they have not joined the Euro when it was launched?

I hope I get my point across... Not pointing fingers at anyone or trying to talk down the GBP but its just an observation.