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“The tax payer has been funding the banks more than enough! No more money for banks! Make the rich pay!” It’s en euphemism to state that similar points of view are the common denominator in the press that reports on the dramas since the Global Meltdown in 2008.
There are a few problems ...

Looking for safe investments? Government bonds!

But is that really so? And if not, what tools do we have to assess and compare the risks? Is there an issue with Greece, Ireland, Italy, Portugal and Spain (the “GIIPS countries”)?

First of all there are the rating agencies. They ...