The Greek Tragedy

The Euro…yeah, that pesky bugger and all of the complications it is causing for the European Union at the moment. In July, the BBC released this animation explaining the Greek debt crisis. It’s worth a check, though some of the graphics could use improvement…like the one using scaled buildings in a bar chart.

10 year interest rates compared, from the animation
10 year interest rates compared, from the animation

Critically for US readers, who have to put up with all this talk about how we cannot run a deficit, pay close attention to the bit about lenders. Deficits are not expensive until interest rates go up. And they only go up when lenders fear the inability of a government to repay its loans.

Author: Brendan Barry

I am a graphic designer who focuses on information design. My day job? I am the data visualisation manager for the Federal Reserve Bank of Philadelphia. (This blog is my something I do on my own time and does not represent the views of the Fed, blah blah blah legal stuff.) And with my main interest in information design—be it in the shape of clear charts, maps, diagrams, or wayfinding systems—I am fortunate that my day job focuses on data visualisation. Outside of work, I try to stay busy with personal design work. Away from the world of design, I enjoy cooking and reading and am interested in various subjects from history and geography to politics to science to the arts. And I allow all of them to influence my work.

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