The HS Dent Financial Blog

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Follow-up to “Who’s Next”

The New York Times ran a story that goes well with our post from Nov 30, “Who’s Next.” — “In Wake of Dubai, Trying to Predict the Next Blowup.”

Check out the graphic from the article:

Link to graphic.

Interestingly, while the United States does have significant exposure to the “at risk” countries such as Greece and Russia, it is the European Union that would be most damaged by a default.  European exposure dwarfs that of the United States, adding support to Harry Dent’s belief that the next major wave of debt crisis will originate in Europe (see July 2009 issue of the HS Dent Forecast).   This is something we intend to monitor in the months ahead.

Charles Sizemore, CFA

Co-author of the recently-published Boom or Bust: Understanding and Profiting from a Changing Consumer Economy