Beautiful. I think slightly more accurate and neater if headline was 'The sovereign problem is basically a...' and the labels just 'debt problem', 'deficit problem' and 'banking problem'.
Not really so much - the Greek banks are a lot more solvent than the sovereign and the only problem with their capital is the amount of Greek government debt that they own.
Beautiful. I think slightly more accurate and neater if headline was 'The sovereign problem is basically a...' and the labels just 'debt problem', 'deficit problem' and 'banking problem'.
ReplyDeleteneeds a 3D shadow.
ReplyDeleteGreece should be in the triple venn, shouldn't it? I mean, its problems certainly include banking.
ReplyDeleteNot really so much - the Greek banks are a lot more solvent than the sovereign and the only problem with their capital is the amount of Greek government debt that they own.
ReplyDelete