http://www.creditwritedowns.com/2012/02/chart-of-the-day-2012-sovereign-risk-compression.html Finance, Economics and Markets Wed, 23 May 2012 01:55:46 +0000 hourly 1 http://www.creditwritedowns.com/2012/02/chart-of-the-day-2012-sovereign-risk-compression.html#comment-80835 David Lazarus Wed, 08 Feb 2012 19:12:16 +0000 http://www.creditwritedowns.com/?p=41905#comment-80835 I still think that there are significant risks of defaults out there. The problem is that it has moved into the shadows. There are still significant debts overhangs in many economies and if there were another crisis then what are tolerable debts could become intolerable causing a cascade of write-offs and losses. I still think that there are significant risks of defaults out there. The problem is that it has moved into the shadows. There are still significant debts overhangs in many economies and if there were another crisis then what are tolerable debts could become intolerable causing a cascade of write-offs and losses.

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