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 Forex Analysis
14

Spain's External Debt: Solvency vs. Liquidity


Bruce Krasting submits:

I wrote an article recently and quoted a CIA report on Spain’s External Debt as being $2.4 trillion. A reader commented that I was full of crap and spreading false information. The reader made clear that the external debt of Spain was $1.25 trillion (euro 900 billion). The following graph from the Bank of Spain was sent to me to prove the point.

(Click to enlarge)


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