Posted on 12/09/2009 3:10:15 PM PST by Kartographer
Dubai's economic meltdown was a warning sign of further sovereign default troubles for other governments.
CMA, a credit information specialist, tracks the world’s most volatile sovereign debt issuers according to percentage changes in their 5 year Credit Default Swaps.
On top of their list for the greatest sovereign risks are countries from the former Russian Eastern Bloc, conflict-torn nations, and an oil-rich dictatorship.
(Excerpt) Read more at businessinsider.com ...
Greece is not in the list?
I thought they’d be in the top 3.
1. Venezuela
2. Ukraine
3. Argentina
4. Pakistan
5. Latvia
6. Dubai
7. Iceland
8. Lithuania
9. California
10. Lebanon
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