Vishnu Nair (Chartered Accountant) (935 Points)
10 May 2010Banks and governments in these five shaky economies owe each other many billions of euros — converted here to dollars — and have even larger debts to Britain, France and Germany. Arrow widtths are proportional to debt amounts.
Mayank Ahuja
("Learner")
(586 Points)
Replied 10 May 2010
Dear Vishnu,
I appreciate ur Work, u have explained in systematic Diagram......
Can u brief me How u see impacts of these Bailouts Package to their economies:
1. It will Increase Inflation in Their Economies.
2. Will they able 2 tackle such bailout package, I mean they are in Position to repay to their Creditors in Long Term ( i.e Govt & Banks)..
Pls throw some Light On It
CAclubindia
