{"id":1355,"date":"2012-02-23T21:11:33","date_gmt":"2012-02-23T19:11:33","guid":{"rendered":"http:\/\/www.theusrus.de\/blog\/?p=1355"},"modified":"2012-02-23T21:12:45","modified_gmt":"2012-02-23T19:12:45","slug":"eu-debt-crisis-visualizations-no-jmp-foreward","status":"publish","type":"post","link":"https:\/\/www.theusrus.de\/blog\/eu-debt-crisis-visualizations-no-jmp-foreward\/","title":{"rendered":"EU Debt Crisis Visualizations: No JMP forward"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"Hellas by Klenze\" src=\"http:\/\/www.theusRus.de\/Blog-files\/Hellas.png\" alt=\"\" width=\"575\" height=\"119\" \/><\/p>\n<p>On the JMP blog you find a <a href=\"http:\/\/blogs.sas.com\/content\/jmp\/2012\/02\/14\/visualizing-eurozone-debt-crisis-data\/\" target=\"_blank\">post<\/a> which uses the same <a href=\"http:\/\/www.bbc.co.uk\/news\/business-15748696\" target=\"_blank\">data source<\/a> I took for <a href=\"http:\/\/www.theusrus.de\/blog\/eu-debt-crisis-what-crisis\/\">my first attempt to visualize the web of the EU debt<\/a>. I found it hard to really make a point with this data. Looking at the JMP post tells me I wasn&#8217;t all too bad. Let&#8217;s walk through their visualizations:<\/p>\n<ol>\n<li><strong>The Map<\/strong><br \/>\nCertainly necessary for someone in the US &#8211; who knows where Portugal, Spain and Austria are; or was it Australia ..?<br \/>\nBut seriously, scaling the very irregular shapes of the countries outline has more problems (on the perceptual side) as benefits.<\/li>\n<li><strong>The Heat Map<\/strong><br \/>\nThis graph degrades the information to a binary information of being creditor or not &#8211; be it 1\u20ac or 1,000,000,000\u20ac. The conclusion that Germany and France are in trouble because they lend to many other countries is not convincing as it only reflects their economical power.<\/li>\n<li><strong>The Tree Map<\/strong><br \/>\nAs tree maps are &#8220;only&#8221; a different representation of a tree, i.e., a hierarchy, why would you visualize a matrix with it? I can&#8217;t really \u00a0follow the chain reaction of defaults which is interpreted from this tree map. Looks a bit along the lines &#8220;if all you have is a hammer, every problem looks like a nail&#8221;.<\/li>\n<\/ol>\n<p>One thing that is really not well thought about the graphs are the different color schemes between the graphs.<\/p>\n<p>In the end, I think someone really needs to get &#8220;the right&#8221; data and show us &#8220;the right&#8221; visualizations such that we understand what&#8217;s going on &#8211; but hurry up, Greece might be broke by then &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the JMP blog you find a post which uses the same data source I took for my first attempt to visualize the web of the EU debt. I found it hard to really make a point with this data. Looking at the JMP post tells me I wasn&#8217;t all too bad. Let&#8217;s walk through [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-1355","post","type-post","status-publish","format-standard","hentry","category-general","category-the-good-the-bad"],"_links":{"self":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts\/1355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/comments?post=1355"}],"version-history":[{"count":5,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts\/1355\/revisions"}],"predecessor-version":[{"id":1360,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/posts\/1355\/revisions\/1360"}],"wp:attachment":[{"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/media?parent=1355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/categories?post=1355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.theusrus.de\/blog\/wp-json\/wp\/v2\/tags?post=1355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}