Sign of the times (doing the rounds as a prelude to Slovakia’s EFSF vote later on Tuesday):
You can expect a beer ad to abuse national stereotypes. The point is, Slovakia really is a much smaller economy than Greece. Even if they vote through the EFSF, the political risk from official lenders actually taking losses in a Greek default is rising…
Update (11:10am UK time) – Hat-tip to Anjuli Davies of Reuters for pointing out another televisual take on sovereign debt, this time in Spain. This is from a new television campaign to get people to invest in retail Spanish government bonds:
As the old lady in the ad says, some people just don’t want to play with their money. Hmm.
Related link:
Help! We’re all being financially repressed! – FT Alphaville
