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Bloomberg calls us PIIGS

  • 20-01-2009 7:07pm
    #1
    BendiBus
    Closed Accounts Posts: 2,074 ✭✭✭


    Bloomberg New York has just coined a phrase I'd not heard before to refer to countries facing trouble raising finance. PIIGS.

    Portugal, Italy, Ireland, Greece & Spain :o

    We're back in the same group of countries we were bundled with in the '80s


Comments

  • #2
    Dubh Geannain
    Registered Users, Registered Users 2 Posts: 3,553 ✭✭✭Dubh Geannain


    The one I heard was "investors are selling PIGS (Portugal, Ireland, Greece and Spain) and buying BRICs (Brazil, Russia, India and China) ". It was first coined a few months ago I think.


  • #3
    Heraldoffreeent
    Registered Users, Registered Users 2 Posts: 1,468 ✭✭✭Heraldoffreeent


    BendiBus wrote: »
    Portugal, Italy, Ireland, Greece & Spain :o

    We're back in the same group of countries we were bundled with in the '80s
    Except..............they have nicer weather!


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