4 thoughts on “Europe’s Debts Going in Circles!

  1. Wow, no wonder they are considering a bailout rather than just letting the Euro fall apart.

  2. And please, don’t assume I am touting America’s financial health — I am not.

  3. Great chart! Thanks for sharing it.

    A story in the NY Times mentions that the IMF is requiring certain terms from Greece in return for the loan. One of the terms requires “removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment.” Didn’t we just add more “state involvement” in health care here? Story here:

    http://www.nytimes.com/2010/05/01/business/global/01euro.html

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