Saturday, April 24, 2010

National Bond Safety

Two graphs showing sovereign debt safety and returns. Norway has spend the past several decades setting aside income from North Sea Oil and has created a vast national reserve to fund social programs for their citizens. Britain spent their share pretending to be a world power.The losers column is not exactly surprising. Iceland is not however at the very bottom.That they should be a little easier to read is perhaps a sign of old age in this observer.

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