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Riskiest sovereign debt

March 5th 2010 12:21

risky foreign debt









8: Iceland has a 25.77% chance of default.
Credit: REUTERS/Bob Strong










link to these riskiest foreign debts









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Posted By: katyzzz - Category: No Category
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Comment by Michael 2

March 6th 2010 22:19


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Sovereign debt is a relatively new term to me. When it comes to economic collapse, the hits just keep on coming. What is particularly galling is that the financial geniuses who got their countries and companies in such trouble are still lecturing the masses today about what we are doing wrong. Throw all the bums out in every country and ban borrowing to speculate. No more blue sky on the credit plan. No government nor public pension should ever invest in thing but government bonds. No more betting the house on some dude who has no intention on paying his mortgage.

Comment by katyzzz

March 6th 2010 23:54


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Well said Michael 2, hip hip hooray, with you all the way. It can't ( but probably won't) happen soon enough for me, talk about conning the public.

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