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by ForexNewsNow Team on October 12, 2011

Infographic: A Startling Look at the Greek Debt Crisis

ForexNewsNow – Sometimes it’s hard to conceive what the sovereign debt of a country represents, specifically when it comes to a country in very bad economic shape such as Greece.

As we showed in our last infographic (click here to view), the EU debt crisis can be explained by many different factors. But how can someone have a frame of reference for what a sum like €357 billion is equal to?

In order to answer that question, ForexNewsNow has created the following graph that compares Greek debt to other noteworthy sums of money from Bill Gates’s estimated net worth to the cost of the US war on terror.

You’ll quickly understand that the Greek debt is more massive than what one could expect and that’s precisely why the troika is currently forcing the Papandreou government to keep on applying new austerity measures in order to cut the country’s plunging deficit.

ForexNewsNow:


Click on the infographic to enlarge it.

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By ForexNewsNow Team

This is a general account of the ForexNewsNow Team. It is used to published exclusive content carefully crafted by our experts as well as it is used to bring you the most recent industry highlights from our guest contributors that wish to remain anonymous.

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