Last week, FT Alphaville noted that PIIGS was becoming an “unkosher” acronym at Barclays Capital.
The oft amusing Jim Bianco suggests that instead of using the phrases PIIGS, we give these acronyms a try:
* DEBT – Dubai EU Brazil Turkey
* SICK – Spain Iceland Columbia Kazakhstan
* DUMP – Dubai Ukraine Mexico Portugal
* PUKE – Portugal UK EU
* STUPID – Spain Turkey UK Portugal Italy Dubai