Visualize: The European Super Highway of Debt

Michael Victory's picture


This info-graphic shows how much banks loaned to Portugal, Ireland, Italy, Greece & Spain. Europe is in deep crisis. The following images illustrate how much must be repaid.


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Sun, 05/06/2012 - 13:54 | 2400978 primecon
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Tue, 05/08/2012 - 08:02 | 2405854 jaffa
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Sat, 04/28/2012 - 05:43 | 2381901 primecon
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Fri, 04/06/2012 - 06:46 | 2321545 jaffa
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The EU has developed a single market through a standardised system of laws which apply in all member states. Within the Schengen Area passport controls have been abolished. EU policies aim to ensure the free movement of people, goods, services. Thanks.
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Tue, 04/10/2012 - 10:29 | 2331089 walter1
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Sat, 03/31/2012 - 07:41 | 2306025 jaffa
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Bonds have a fixed lifetime, usually a number of years, with long term bonds, lasting over 30 years, being less common. At the end of the bond's life the money should be repaid in full. Interest may be added to the end payment, or can be paid in regular installments during the life of the bond. Thanks.
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Tue, 03/20/2012 - 08:45 | 2272713 jaffa
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Mon, 04/02/2012 - 05:13 | 2309042 jaffa
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In corporate finance, a company's capital structure is the total mix of financing methods it uses to raise funds. One method is debt financing, which includes bank loans and bond sales. Another method is equity financing the sale of stock by a company to investors, the original shareholders of a share. Thanks for sharing.
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Tue, 03/27/2012 - 01:40 | 2293521 jaffa
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The debt obligation is considered secured, if creditors have recourse to the assets of the company on a proprietary basis or otherwise ahead of general claims against the company. Unsecured debt comprises financial obligations, where creditors do not have recourse to the assets of the borrower to satisfy their claims. Thanks.
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Fri, 07/27/2012 - 00:58 | 2655580 sagor
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Business is such a financial matter that would be impossible without loan now a days. Because today loan has become a very important fact to go ahead with any long term or large project.If anybody wants to go forward with business, primarily he must be supposed to take loan. Regards, payday loans

Tue, 02/07/2012 - 02:50 | 2133127 jaffa
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The court provides an audit report for each financial year to the Council and the European Parliament. The Parliament uses this to decide whether to approve the Commission's handling of the budget. The Court also gives opinions and proposals on financial legislation and anti fraud actions. Thanks a lot.
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Wed, 03/14/2012 - 02:48 | 2253167 jaffa
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Fri, 03/09/2012 - 10:28 | 2239402 jaffa
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Mon, 03/19/2012 - 05:55 | 2268829 jaffa
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Private debt comprises bank-loan type obligations, whether senior or mezzanine. Public debt is a general definition covering all financial instruments that are freely tradeable on a public exchange or over the counter, with few if any restrictions. Thanks.
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Wed, 03/14/2012 - 05:49 | 2253256 jaffa
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The debt is an obligation owed by one party to a second party, the creditor, usually this refers to assets granted by the creditor to the debtor, but the term can also be used metaphorically to cover moral obligations and other interactions not based on economic value. Thanks.
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Tue, 01/31/2012 - 19:45 | 2114747 Zero Govt
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Awesome  :)

Now if you could just fill those trucks with 'Duty Free' (ie. black market goods) you'll get a good idea of the part of the European economy that'll work throughout this Great Depression

the Free (from Govt) Market

meanwhile the Govt public-private taxed/robbed-to-death one will shrink to the size of the €100 Euro note at the top

Tue, 01/31/2012 - 14:29 | 2113469 apberusdisvet
apberusdisvet's picture

which bolt on which truck is a result of my individual tax payments to the IRS.?  Don't I have a right to know?

Tue, 01/31/2012 - 19:47 | 2114763 Zero Govt
Zero Govt's picture

sorry your money never made it to the trucks 'just disppeared' in a brown envelope to a Rothchild offshore account (where most citizens money ends up)

Tue, 01/31/2012 - 13:40 | 2113302 trthzkr
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What's the big problem? It's all PHONY 'MONEY' , they loaned us nothing but paper and ink! Give the jew banksters .03 cents on the $ and tell them to get bent! OR lock up the banksters like Iceland did and start over!  This is BS! The gang-banksters knew they were defrauding the people, now WE know it, so quit the charades and lock 'em the fuck UP already!

Tue, 01/31/2012 - 13:20 | 2113217 twotraps
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NFP....its not as much fun as dragging out the drama for another 2 yrs....but I like it.  Of course we'll soon hear from the experts about how this fits right with a highly complex model bla bla bla, 3 zeros, knew it all along!

Could you tip CNBC off to the story?  I love it when they '...we first reported months ago about the Three Zero Plan, and here it is, we're on the cutting ledge.....'

Tue, 01/31/2012 - 13:09 | 2113182 Nobody For President
Nobody For President's picture

It's all digital, baby. Just write a program to knock the three trailing zeros off the numbers and we will be good again.


Tue, 01/31/2012 - 12:45 | 2113071 twotraps
twotraps's picture

No one has a clue how much that is.  Everyone is so removed from it, it could not matter any less.  My opinion is that it only matters if the current situation is left to the mkt to sort out.  Then you might have an issue........however, when in the past 4 yrs has that happened?  I maintain that they have more of a PR problem than an economic one, they must maintain the illusion that it all means something or the situation may become unwieldly.  The rules will change, reforms set, New Risk Sharing Mechanisms bla bla bla, they make the money and the rules.  They did not move the goal post, they fucking took it down.....keeping the mkts suspended.

Tue, 01/31/2012 - 12:26 | 2112981 EyeQ
EyeQ's picture

No wonder the transports index is doing so well, delivering all that cash!!!

Tue, 01/31/2012 - 19:51 | 2114773 Zero Govt
Zero Govt's picture

yes spending money by the truckload is a political speciality

saving money or cutting budgets is quite another

compare the €100 Euro note to the port load of trucks... i think in 14 years of the British Labour Govt the only cost saving i saw was a metal sign was changed to plastic "saving 40% on costs" doubt the sign being plastic had to be replaced 3 times as often i'm sure negating all and any cost savings

Tue, 01/31/2012 - 12:22 | 2112960 swissaustrian
swissaustrian's picture

There will be a time when Europeans need a truck full of cash to buy an egg.

Tue, 01/31/2012 - 11:37 | 2112773 bank guy in Brussels
bank guy in Brussels's picture

Nice graphics with the lorries full of cash.

We at least do very pretty paper money in Europe, with our full spectrum of seven different colours and sizes of quite artistic euro-notes.

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