Eurpeans Are Stupid Pigs?
Obviously the title of my blog has become a bit of a misnomer as school takes over my life (I hear you say - what life?), and it doesn't help when I have silly little re-posts like this one from the Financial Times (despite the fact that it is hilarious):
STUPID investors in PIGS
It isn’t just touchy government ministers in Portugal, Italy, Ireland Greece and Spain who don’t like the highly appropriate acronym PIGS to sum up the troubled regions of the eurozone (the ‘i’ seems to be used for Ireland and Italy). The FT has a near-ban on the insulting phrase, and now Barclays Capital has banned it too, for being offensive.
Luckily there’s a handy alternative for excessive borrowers (thanks Zerohedge): STUPID. It pulls together Spain, Turkey, the UK, Portugal, Italy, and Dubai. Sadly Greece, Iceland and Turkmenistan are missing…
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