Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
If you really want to object though, the main point of the graphic is that the four yellow countries are rolling downhill, with the 'stable' slope as Germany. OR, alternatively, the greater 'weight' of Ireland and Spain are tilting the horizontal axis. However the first explanation seems more likely, as the numbers within the circles are slightly rotated to indicate rotation/rolling.
Precisely. This is narrative-pushing, using the numbers as a poor excuse.

Maybe there's a third interpretation, a sort of domino effect/snowballing down the German deficit slope.

Whichever way you interpret it, the visual presentation has precious little to do with the data.

Economics is politics by other means

by Carrie (migeru at eurotrib dot com) on Mon May 9th, 2011 at 09:03:43 AM EST
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