Pricing Zombie Nations
April 15, 2011 at 08:48 AM EDT
Equation of the day: PIIGS = IS + Zombies We suggested yesterday that as the European periphery succumb to bailouts and aid packages they effectively become the financial equivalent of Zombies. The living dead, slowly decomposing but threatening the living with their bite. The Zombie Nations. Each nation is drawing up plans to battle its [...]
