Sailing the Seas of the Euro Debt Crisis
June 17, 2012
San Francisco, Ca
How will sovereign debt risk in southwest coastal countries impact other European Union Companies?
One way to answer this question is to look for patterns of correlation in public payments data. Mark Twain said it best, "history doesn't repeat itself, but it does rhyme." At macro scales, economic systems behave a bit like a giant ship; it's hard to change course and you can fairly easily predict the direction of trends on a quarterly basis even from the Bank for International Settlements delayed data.
