Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Is the Crystal Ball Clearing? | 148 comments (147 topical, 1 editorial, 0 hidden)
Re: That, yes... (none / 0)
The fact that you are virtually guaranteed to suffer on the order of 100 defaults out of 2 thousand loans just means you have to charge 5 % extra on all the loans.

It means you're virtually guaranteed no upside and all downside. Logarithmic utility can be really nasty on the downside.

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman

by Migeru (migeru at eurotrib dot com) on Tue Mar 13th, 2012 at 10:30:42 AM EST
[ Parent ]

Others have rated this comment as follows:

Is the Crystal Ball Clearing? | 148 comments (147 topical, 1 editorial, 0 hidden)
Display:

Top Diaries

Covid-19 and foreign holidays

by Frank Schnittger - Jul 8
19 comments

Winning Diplomacy

by Frank Schnittger - Jul 10
16 comments

Epilogue Chris Steele

by Oui - Jul 12
1 comment

Brexiteers and Buccaneers

by Oui - Jul 7
14 comments

City Agriculture - July 8, 2020

by gmoke - Jul 8

Too pessimistic? (Edited)

by Frank Schnittger - Jul 3
28 comments

Municipal elections in France

by eurogreen - Jun 28
24 comments

The Most Important Jigsaw Puzzle

by gmoke - Jun 28

Recent Diaries

Epilogue Chris Steele

by Oui - Jul 12
1 comment

GOP Dream Candidate Flunking

by Oui - Jul 11
12 comments

Winning Diplomacy

by Frank Schnittger - Jul 10
16 comments

City Agriculture - July 8, 2020

by gmoke - Jul 8

Covid-19 and foreign holidays

by Frank Schnittger - Jul 8
19 comments

Brexiteers and Buccaneers

by Oui - Jul 7
14 comments

Dutch Whistleblower: AG Khan and the Islamic Bomb

by Oui - Jul 7

Intelligence: Everlasting Role of the Octopus

by Oui - Jul 5
12 comments

Too pessimistic? (Edited)

by Frank Schnittger - Jul 3
28 comments

A Few Events in the Global Climate Conversation

by gmoke - Jun 29

Municipal elections in France

by eurogreen - Jun 28
24 comments

The Most Important Jigsaw Puzzle

by gmoke - Jun 28

Diplomacy for Dummies: Adding Sanctions

by Oui - Jun 27
18 comments

Green centre right government formed

by Frank Schnittger - Jun 27
1 comment

Keir Starmer's Sensitivity to Israel Tweets

by Oui - Jun 25
16 comments

Trump Pulls A Bolsonaro

by Oui - Jun 17
84 comments

New Government to be formed in Ireland?

by Frank Schnittger - Jun 16
10 comments

Major Civil Rights Ruling LGBT Rights

by Oui - Jun 15
8 comments

Afghan War Crimes: You Will Face Justice

by Oui - Jun 12
13 comments

Exposed! Riots Left the Emperor Naked

by Oui - Jun 7
85 comments

More Diaries...

Occasional Series