Wednesday, February 6, 2013
Taking Europe's Pulse
This article from the Economist gives a nice info graphic view of various European countries and certain features of their economy. One of the more interesting pictures is the public debt as a percent of GDP map. Looking at this map you can see which countries are in control of their public debt and which countries are not.
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The graph of debt as a percent of GDP is very worrying. Obviously, Greece and Spain still have massive problems to deal with but I would have thought that Great Britain would have been in better shape. While Mario Draghi has pledged to do whatever is necessary to save the euro, it does appear that there is still much uncertainty left in the region and the markets closing down today on eurozone worries is an obvious sign that volatility in the region is set to continue for the foreseeable future.
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