Thanks to the internet - especially zerohedge.com - for these diagrams.
First a comparative size chart of some of the big numbers, to get us just into the right frame of mind.
Next a lovely chart showing the position of various economies in terms of public debt.
Now what will governments do? They have strangely different motivations from you or I, surely not why we elected them to solve the crisis?
And finally a set of scenarios for the resolution of the euro crisis. I favour the top one of these, fiscal union, but including all 27 EU members. That should fix the problem! I believe we have to take back the meaning of money from the wild gambling financiers - who are still continuing to play there games throughout the crisis, god knows why.
Friday, 18 November 2011
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