Investment views based on the cycles and economic fundamentals.
Not all views expressed in this blog are in line with the views of F&C.
Investment Chart Kondratiev Wave
Thursday, 31 May 2012
sustainability of government deficits (Capital Economic)
The colourful table above from Capital Economics shows how sustainable the government deficits are in the Eurozone.
Nobody has a completely green score card. Even Greece has something green (total debts versus GDP, something that is pretty normal for a country where the rich almost dont pay taxes; but it is not in line with the criteria of Capital Economics: it is above 170%).