tag:blogger.com,1999:blog-7886665353929413928.post7712571437397038361..comments2023-07-04T16:18:31.584+01:00Comments on Broad Oak Money: Some European debt ratingsUnknownnoreply@blogger.comBlogger17125tag:blogger.com,1999:blog-7886665353929413928.post-26701982956982803732011-07-16T06:16:05.805+01:002011-07-16T06:16:05.805+01:00Apparently the young Irish are, indeed, leaving th...Apparently the young Irish are, indeed, leaving the country in the hope of better prospects elsewhere.Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-47456133193755652492011-07-16T04:36:05.131+01:002011-07-16T04:36:05.131+01:00Hi Sack
You are close to Ireland, is their youth ...Hi Sack<br /><br />You are close to Ireland, is their youth staying put or leaving the country? I certainly wouldn't want to stick around to pay the bills the government wracked up. Commons sense suggests that those expecting benefits would stay and everyone else would clear out. I haven't read any thing even suggesting it. Is there something else at play here, that I am overlooking?Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-53038920167685181092011-07-15T06:45:00.794+01:002011-07-15T06:45:00.794+01:00P.S. Does speaking a Germanic langusge improve you...P.S. Does speaking a Germanic langusge improve your financial standing?Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-43640894556219216882011-07-15T06:43:35.860+01:002011-07-15T06:43:35.860+01:00Wolfie, it was just a bit of exploration, sometime...Wolfie, it was just a bit of exploration, sometimes a visual approach shows something more clearly than e.g. the tables in CMA Datavision. Also striking that the riskiest currencies are not the twopenny-halfpenny banana republics. <br /><br />The picture would be further intriguing if we coloured in the currently non-Euro EU mmebers appropriately. Is it like the mediaeval wool trade, centre does best?<br /><br />Thanks for the link re odious debt, found myself silently cheering for Ecuador. Is this the shape of things to come?Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-13618548262832994102011-07-15T04:59:30.722+01:002011-07-15T04:59:30.722+01:00Hey Wolfie
Your comment was OK, I do less picture...Hey Wolfie<br /><br />Your comment was OK, I do less pictures than Sack because it is a lot of work, I was just giving Rolf a pat on the back, I know he spent some time putting those two maps together. And he ended up doing more work than he bargained for.<br /><br />A lot of time we write things that can be interpreted differently when read rather than spoken. No harm meant.<br /><br />Take careJim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-4714746827825101812011-07-14T21:32:14.823+01:002011-07-14T21:32:14.823+01:00I didn't mean to be rude, I just was wondering...I didn't mean to be rude, I just was wondering where you were trying to go with this.Wolfiehttps://www.blogger.com/profile/05820269114208456064noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-18267986134571679872011-07-14T04:31:27.123+01:002011-07-14T04:31:27.123+01:00Hi Sack
Looks like you got hit by the "Crayo...Hi Sack<br /><br />Looks like you got hit by the "Crayon Police"---The "spell check police" nail me all the time.<br /><br />As a side note to Wolfe, it is very easy to just write. Pictures take a lot of work. You have to frame it, size it, color it and label it. If I'm rushed, I leave out the illustrations. A picture or two really adds some zip to any blog.<br /><br />Plus if one of the PIIGS goes under you can update the map with a color change.<br /><br />Keep up the good workJim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-1610348787004085902011-07-13T19:34:48.020+01:002011-07-13T19:34:48.020+01:00Hi, Wolfie.
1. I like maps.
2. The grouping of c...Hi, Wolfie. <br /><br />1. I like maps.<br />2. The grouping of currency strengths here is curiously geographical - North, Central and peripheral.<br />3. You may well have seen all this coming, but the CDS ratings are so very stark in their divergence - it's so dramatic.Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-18441922784609336942011-07-13T18:11:46.678+01:002011-07-13T18:11:46.678+01:00BTW : What exactly is the point to this post? The ...BTW : What exactly is the point to this post? The EZ can't last? Well yes I think everyone got that in 1999 and we are still waiting for the neoliberals to realise.Wolfiehttps://www.blogger.com/profile/05820269114208456064noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-87602353357763344512011-07-13T18:09:15.991+01:002011-07-13T18:09:15.991+01:00http://www.youtube.com/watch?v=qKpxPo-lInk&fea...http://www.youtube.com/watch?v=qKpxPo-lInk&feature=player_embedded<br /><br />I don't agree with it all but it is an interesting watch. I lived in Greece in the late '80s, and Georgios Papandreou was already enlarging the state as fast as he could. They should blame him more.Wolfiehttps://www.blogger.com/profile/05820269114208456064noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-38780558374293461232011-07-13T16:17:07.474+01:002011-07-13T16:17:07.474+01:00Akvavitix, well spotted, sorry for the error, will...Akvavitix, well spotted, sorry for the error, will correct when I have time.Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-86407366027756873032011-07-13T16:15:11.875+01:002011-07-13T16:15:11.875+01:00Hi, Greg - CMA is not a rating agency like theboth...Hi, Greg - CMA is not a rating agency like thebothers, this is based on the market in credit default swaps so is likely to be more nearly true.Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-81222624785042778372011-07-13T14:53:00.332+01:002011-07-13T14:53:00.332+01:00Sorry to be a nit picking sod but shouldn't Sw...Sorry to be a nit picking sod but shouldn't Sweden be in grey in the second graphic since they are *NOT* members of the Euro?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-90961098450503258302011-07-13T14:49:47.170+01:002011-07-13T14:49:47.170+01:00Dont forget that the same people rating the debt o...Dont forget that the same people rating the debt of these countries gave AAA rating to all the mortgage backed securities in the mid 2000s. Nothing they say should be taken very seriously.Greghttps://www.blogger.com/profile/03139782404004492965noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-79471296729910621752011-07-13T06:29:36.930+01:002011-07-13T06:29:36.930+01:00DM: GOK. Norway? Switzerland? Papua New Guinea?
J...DM: GOK. Norway? Switzerland? Papua New Guinea?<br /><br />Jim: Oops! That's what working when tired does; now corrected. Now much more neatly geographic, it seems. Thanks!Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-45309193178263913672011-07-13T05:32:21.485+01:002011-07-13T05:32:21.485+01:00In the second pic, is Spain suppose to be blue? I ...In the second pic, is Spain suppose to be blue? I thought they were in worse shape than Italy.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-7886665353929413928.post-71814760606011549632011-07-12T23:42:46.936+01:002011-07-12T23:42:46.936+01:00Which cash? Singapore dollars?Which cash? Singapore dollars?deariemenoreply@blogger.com