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Olduvai III: Catacylsm
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Which Countries Have The Highest Default Risk: A Global CDS Heatmap

Which Countries Have The Highest Default Risk: A Global CDS Heatmap Sweden beats USA and Germany as the least likely to default on its bonds but at the other end of the global sovereign risk spectrum lie two socialist utopias – Venezuela (CDS just shy of 6000bps) and Greece (CDS around 1800bps) are the nations most likely to […]

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Italy, Greece, Financials Crash As European Stocks, Peripheral Bonds Plunge

Italy, Greece, Financials Crash As European Stocks, Peripheral Bonds Plunge Led by a broad-based collapse in financial stocks, European markets extended and accelerated their plunge today. Thanks to the increased systemic linkages enforced by The ECB, peripheral sovereign risk is spiking as their national banking systems crash. Every European nation is now in at least correction since the end […]

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Grexitology – A Mexican Standoff

Grexitology – A Mexican Standoff The Greek Conundrum As you can see above, we have created a new term describing deliberations regarding the possibility of a Greek default combined with an exit from the euro area. The reason why the time for the term “Grexitology” has come is that opinions on Greece’s future in the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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