Thread: EUR will drop down against USD in next 12 months
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Old 11-05-2011, 08:26 PM  
VIXEN ESCORTS
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Quote:
Originally Posted by AnalProbe View Post
I posted 3 links in this thread (look it up), 1 of them was a list of external debts of all countries :

http://en.wikipedia.org/wiki/List_of..._external_debt

Which shows that the UK indeed has $8.9 trillion ext debt, but...

You need to know the balance between ext debt and ext assets... so that's why I posted the following link first :

http://en.wikipedia.org/wiki/Net_int...tment_position
That's public and private debt dated June 2010 ?!?! The Euro problem and US problem is PUBLIC debt, those governments spend too much. Greece is bust, forget private debt, this is about sovereign debt.
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