RANKED: The world’s national debts, from safest to most risky

CDS map

Click here for maximum resolution

Bank of America’s Transforming World Atlas has loads of lovely infographics in it, but one of the most colourful is a map of the world’s riskiest sovereign debt.

The map uses the prices of credit default swaps, which are derivatives that pay out if a borrower defaults.

Sovereign credit default swaps have been used as a type of insurance against sovereign governments not paying back the money they owe. Like any insurance product, the more expensive it is the more likely the event you’re insuring against will happen soon.

Venezuelan debt is by far the most risky, costing twice as much as Greek or Ukrainian debt to insure.

The graphic also shows just how far Spain and Ireland have come. The market thinks their debt is pretty risk free, with lower CDS spreads than Italy or Portugal. The Spanish economy is going through a bit of a revival after suffering a devastating housing crash and unemployment crisis.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Advertisements
Eclipsed Words

Aspire to inspire others & the universe will take note

World4Justice : NOW! Lobby Forum.

Family Law and Child Welfare Reform.

Rabia Rambles

Ramblings About Beauty, Lifestyle & Everything In Between!

Perfect Place For Men's Wear And Accessories

casual blazer, summer blazers for men, blazers for men, online shopping of blazer, men blazers, messenger bag india, messenger bags for men india, bag for men, bags online india, backpacks for men, backpacks online, backpack bags, backpack online, duffle bags online, duffle bags for men

InsureZero Blog

All you need to know about Insurance

glorioushimalayatrekking

This WordPress.com site is the cat’s pajamas

Passionate About Music

This site was originally created as a protest that One Direction was not scheduled to come to Alberta on the WWAtour, and then as a record of the WWATour & OTRA Tour. I will occasional stray and post about other topics. I like to re-blog other fans posts about 1D :-)

Orion Bright Star

" Love is the vibration of all Healing "

SafeNEPAL

Environmental Health & Safety, NEPAL

Sketches from Berlin

Berlin Stories, Poetry & etc. by M.P. Powers

My Daily Journal.........

Everything from my world to yours'......:)

The Perks of being Different

Just sharing some experiences :)

Exclusivito

Confessions of a book-traveller

Спектакли онлайн

Спектакли онлайн — блог Алексея Марковича, где автор выкладывает фото и видео спектаклей, поставленные по его произведениям. Алексей Маркович, 39 лет. Писатель, сценарист, переводчик, режиссёр театра SCI-FI THEATER (Орегон, США). Алексей проводит творческие вечера, на которых читает свои рассказы.

https://malimachhindra11.wordpress

मुखपृष्ठ मच्छिंद्र माळी

STORY OF STREET

WHERE EVERY CHARACTER IS A GEM AND EVERY MOVE IS A DREAM

Advertisements
%d bloggers like this: