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Sunday, December 23, 2012
23/12/2012: Q4 2012 Global Risk Analysis from BBVA - part 2
In the previous post I reproduced some interesting risk maps from BBVA Research report for Q4 2012. Here some more of the same:
And debt levels against risk thresholds (do keep an eye for Ireland's 'unique' position):
I am including the above primarily to re-enforce the fact that the issue of total economic debt I am continuing to raise in relation to Ireland and the rest of advanced economies is now becoming mainstream.
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“It is not true that people stop pursuing dreams because they grow old, they grow old because they stop pursuing dreams.” Gabriel García Márquez
Nassim Nicholas Taleb was asked whether public protests in Athens is a Black Swan Event. He replied: “No. The real Black Swan Event is that people are not rioting against the banks in London and New York.”
"Getting worse more slowly is not the same as getting better", Prof. Brad DeLong