World Wide Web of Debt: Australian Banks Exposed

in #money6 years ago

Australian banks exposed.jpg
The WORLD WIDE WEB OF DEBT AUSTRALIA:

I have been working the last 3 weeks on getting data on global banking loans and derivatives. Here is the data gathered on Australia. There will be a lot more to come in my web of debt series ending with a World Wide Web of debt map potentially created!

This is a great way to see the risks of the banking system when one bank might fail in one country. From what I've gathered of data so far a contagion could happen fast if one country's debt goes bad!

You can find the interactive infographics here:
https://infogram.com/australia-bank-debt-and-derivatives-2018-1hxr4zj5pnp52yo?live&fbclid=IwAR1jLpMzCjk1Ol3BLEOTiUnaXmrnB1FBtPM_riiKplHMN_zc_Gmvc3Cz4E8

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