The financial markets gives us again the probabilities on countries defaulting. The top 10 current candidates are (the numbers from three weeks ago in parenthesis):
- Greece
92.93 (1: 86.58%) - Portugal
60.50% (2: 58.79%) - Argentina
54.47% (6: 46.48%) - Pakistan
54.38% (4: 48.55%) - Venezuela
53.12% (3: 50.46%) - Ukraine
46.95% (7: 41.00%) - Ireland
46.79% (5: 46.79%) - Italy
37.63% (8: 38.82%) - Hungary
35.99% (9: 31.06%) - Spain
33.64% (10: 29.16%)
The PIIGS are all in the top 10. Otherwise it would be disappointing. To people who love to be at the top of lists. The presence on this one is no reason for pride. The company neither.
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