Some countries have a bit of a history of defaulting on their debts. And you can see this clearly via the Bank of America Merrill Lynch chart below, courtesy of Yahoo Finance's managing editor Sam Ro. It shows the share of years in default or rescheduling since independence or 1800, as well as the total number of external defaults and reschedulings for a bunch of countries. > The history of sovereign debt defaults - BAML > pic.twitter.com/D5ILb8JsUo > — Sam Ro (@bySamRo) June 13, 2016 As a postscript, we'd like to point out that this chart doesn't tell the _whole_ story. Greece, for example, first defaulted back in the 4th century BC. But, still, it's a great chart. SEE ALSO: AN IVY LEAGUE PROFESSOR EXPLAINS CHAOS THEORY, THE PRISONER'S DILEMMA, AND WHY MATH ISN'T REALLY BORING Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: How I dealt with stress when Greece nearly defaulted
 |
| READ THE ORIGINAL POST AT www.businessinsider.com |
