One of the key problems in understanding debt obligations is the relationship between the interest rate and the financial obligations. Compound interest is among the most commonly used phrases, yet least understood.
I’ve created a web page called the
, which visualizes the data in a Sovereign Insolvency World Map spreadsheet of sovereign defaults. This idea came from similar maps published by Philip Wood Q.C..
The Royal Bank of Canada (RBC) has seemingly created their own formula for assigning a number to the relative risk of sovereigns of default.
is reporting that the EU is nearing a deal to have members of the Eurozone either bail out Greece or provide loan guarantees.
The Globe and Mail is reporting on the
outlook for the Baltics.
News | Tagged bonds, EBRD, effects, Estonia, IMF, Krugman, Latvia, Lithuania, revaluation, revalue, Romania, Weisbrot
The BBC is reporting that an Ex-IMF economist, Simon Johnson, believes
the UK should be added to the list of European countries that are at risk of insolvency.