Here at Kivaclub we are interested in numbers behind the current financial market madness. Why e.g. is it that Japan is so much more indebted than Italy, but can borrow at just 1%? The Economist stated somewhere that Italy is basically not insolvent, so one argument is that markets are forcing political change, but undemocratically. See for yourself what happens if you increase the cost of country borrowing by running your own ‘what if scenarios’ using the Economist’s handy calculator below.
