Eurodebts Around the World

The BBC has a very nice graphic here summarizing, for US, Japan, and Europe, the extent to which different countries’ sovereign and private bank debts are held by banks in each other country.  You can click on a country, see how much trouble it is in and which country is holding its debt and so would be in trouble if that country’s banks and government defaulted.  The graphic is missing information on assets (this is not net debt), but is still interesting.