Irish Carpenters Stuck In European Economic Morass

Posted by Jonathan J. Miller -Wednesday, February 2, 2011, 8:27 AM
1 Comment

Borrowing costs (10-year bond yield spreads over benchmark German bonds)

[Source: WaPo - click to expand]

The Washington Post shows its graphics prowess with this interactive chart on loans extended between EU countries. While I continue to hear about European buyers entering the NYC housing market, the phenomenon appears to be greatly exaggerated. Irish carpenters are fixing their own roof (with a lot of help).

[Source: WaPo - click to see interactive version]

One Response to “Irish Carpenters Stuck In European Economic Morass”

1. Elyse Coleman says:

   February 2, 2011 at 2:50 PM

   If I’m understanding this map correctly, the United States is receiving a significant amount of foreign aid from Ireland and Greece, correct? Where is it that you’re seeing information that proves that’s exaggerated?