Chart Porn From the BBC

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The BBC, in an apparent effort to compete with Britain’s well-known fondness for tabloid sensationalism, offers up this today:

Top economists reveal their graphs of 2011

Be still, my beating heart! Unsurprisingly, it turns out that most of the top faves are related to the euro crisis, and to be honest, even by my standards they aren’t all that super interesting. Still, it’s worth a quick stroll. To whet your appetite, here’s a chart from Carl Emmerson, deputy director of the the Institute for Fiscal Studies. His explanation:

This shows the Bank of England’s estimate of what the market thinks is the likelihood of sovereign defaults in selected countries in the next five years. Prior to the crisis the market did not see any sizeable difference between these countries despite very different levels of public and private sector debt. The estimated chance of a default increased sharply for many in the aftermath of Lehman’s demise in late 2008 but these increases have been dwarfed by those since early 2010.

If the Bank of England is to be believed, Greece, Portugal, and Ireland all have about a 50% or greater chance of defaulting by 2016.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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