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zh<The European Crisis In Eight Simple Charts

Submitted by Tyler Durden on 05/09/2010 04:47 -0500

While none of the below information will come as news to regular Zero Hedge readers, as we have been discussing the European debt maturity cliff for over 5 months, here is a simplified representation of why anything and everything that the EU, ECB and the IMF can do now is simply delay the inevitable disintegration of the eurozone and the upcoming eventual debt payment moratorium.

Via Der Spiegel, courtesy of Cheeky Bastard.

cont


http://www.zerohedge.com/article/european-crisis-eight-simple-charts