El Rey está desnudo

Real total debt of Spain (including regions, cities, etc.). It is not the 80% of GDP that appears in the official statistics. It is already 120% of GDP.

Via @absolutexe.

Previous graph showed the debt evolution of government owned companies in Spain by administration type. Here you have the total real debt, the one usually published (public debt) plus the one from the government owned companies and entities of the previous graph. As you can see, Spanish total debt already reaches 100% of the GDP.

The worry does not come (only) from the absolute numbers, but mainly from the evolution.

Via @absolutexe.

Evolution of total debt of the Spanish government owned companies (around 4000). Blue - Central Administration, Red - Regional Administrations, Green - Local Administrations. 

Spain has no solution.

Via @absolutexe.

Spanish regions’ debt. No comments. 

Via @jmguardia

“There are two ways to conquer and enslave a country. One is by the sword. The other is by debt”. John Adams #let

We are all slaves. Via Capitalism.

Spanish Debt Maturity Profile. Pay attention to year 2012 (End of the World’s year or Sauron’s year). Scaring.

Would you lend us money?

Via @Egocrata

A picture is worth a thousand words.

US debt problem explained “for dummies”. Applicable to any country in Europe.

Via @johanknorberg