Wednesday, November 09, 2011

How Fast Was The Italian Meltdown?

It was so fast that the Italians haven't even had time to riot. I'm not being flippant or snarky here, either. This has all blown apart so fast that the populace hasn't reacted yet.

Rates on Italian bonds. Note that this chart, only a few days old, is woefully out of date. The upper bound on the graph is well below the current bond rates of 7.4% or whatever they are right now.


Jeff Burton said...

Third largest debtor in the world. When are "they" going to come for us?

Dean said...

Hilarious. Link forthcoming.

K T Cat said...

Honestly, I wasn't going for laughs. Thanks for the link, though!