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The top portion of the graphs is the increase in CDS prices since the beginning of 2010. The bottom portion is the change in total public debt since 1999 (ie over a period about one hundred times longer).

Very bad graphic.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Thu Feb 11th, 2010 at 09:38:13 AM EST
[ Parent ]
Thanks. I was wondering how Ireland's CDS spreads could be so static as the debt was exploding.  Talk about a graphic being misleading...

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Feb 11th, 2010 at 10:22:43 AM EST
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