Monday, December 19, 2011

Closet economics

Oh good!!! Edward's back... and just in time for Christmas.

After a seemingly endless absence, Edward Hugh has started pumping them out again at A Fistful of Euros (as well as all the usual slew of content farms, we suppose). In his latest he has it that Finland, rather than being a card carrying member of the Hanseatic League, is in fact a Closet Peripheral.

Readers may wish to slog through the usual several thousand words on just about everything under the sun - including the apparently astonishingly high 19-point spread of government bonds over 10-year Dutch debt. Others might want to save themselves the bother.

The above chart may assist this latter group.

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3 Comments:

kalebeul said...

LOL, as they say.

investing in farmland said...

Edward is great, but his articles are REALLY long and quite dense. Finland may not culturally be part of the Hanseatic/German bloc, but economically they are quite close to them.

Candide said...

Can we say long and thick, just to give Ed some extra-econ mojo?

Finns and Germans really like each other, and feel each other a-like, so you're totally on the mark.