I had never thought about debt in this way...

Again, shame on me

http://krugman.blogs.nytimes.com/2011/12/28/debt-is-mostly-money-we-owe-to-ourselves/

Mankiw replies

http://www.economics.harvard.edu/files/faculty/40_whatdobudgetdeficitsdo.pdf

Cochrane's view of Greece

http://www.bloomberg.com/news/2011-12-22/bad-ideas-worsen-europe-s-debt-meltdown-commentary-by-john-h-cochrane.html

Eurozone debt web: Who owes what to whom?

http://www.bbc.co.uk/news/business-15748696


I cannot see very well the arrows but it is nevertheless interesting


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