From The Disciplined Investor:
So, just how much exposure are we talking about here and who is at most risk? Clearly it is concentrated in the EuroZone and a major amount is slanted toward Germany and France.
The chart below helps to explain why both German and French leaders have been working so hard at calming investor fears as they are heavily loaded with the toxic sovereign debt. And now that we have moved from a private debt panic backed by governmental (aka taxpayer) backstops to a sovereign debt crisis there is only one question…
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