What A "Black Swan" Looks Like in Real Media Time
Before last Saturday, few even knew where Cyprus was located. Then, courtesy of the most epically bungled up "bail-out in" attempt in the history of the Troika, Cyprus became the only thing everyone talked about: the definition of a black swan. How did this transformation from an ugly island duckling to a glorious black swan look like from the perspective of the media? The following chart courtesy of Bloomberg's Michael McDonough, which shows the instances of mentions of the words "Apple", "Germany" and "Cyprus" across newswires, shows the answer which not surprisingly even looks like a swan.