European banks: Government Debt Exposure

Today I came across a very nice (and funny) presentation on how much government debt exposure these European banks have on their balance sheet.

You can find the presentation here: http://demonocracy.info/infographics/eu/debt_piigs/debt_piigs.html

Bank government debt exposure (Demonocracy.info)

Based on this picture you can almost predict which bank is the safest/riskiest bank to place your money in. The banks with the highest exposure to government debt are the banks that are the most risky when we are faced with a government debt collapse. Almost all of them are Spanish and Italian banks. If you do place your money in a bank, choose wisely! Or do what the wise man would do, don’t choose, instead buy gold.