Re: Randomness sources for the IETF 2015-2016 Nomcom Selection

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>If the EU debt met all of the criteria identified in 3797, I
>would see no reason to avoid using it.  I don't know whether
>there is such a thing as "the EU debt"

There is no such thing as "the EU debt."  Each EU member country has
its own national debt.  Some of that debt is denominated in Euros,
some in national currencies such as UK pounds, Danish Krone, Romanian
Lei, and so forth.  The Danish Krone and Bulgarian Lev are tightly
tied to the Euro, while the pound and other non-euro currencies float
and the rates change continuously while markets are open.  Not only is
there no such thing as the EU debt, there is no consistent way to find
the Euro value of the combined national debts, both because it depends
on what exchange rates you use, and because the debts of some Eurozone
countries (notably Greece) are held in part by the governments of
other Eurozone countries (notably France and Germany) so they net out.

The US debt happens to be unusually easy to use as a data source since
it is a single country's debt in its own currency that no other
country of any size* uses, and the US publishes very good economic
data.  Given its advantages, and the points you made about the
importance of larger amounts of data rather than perfect randomness of
individual sources, I'd want something more persuasive than loud
unsupported assertions to switch to something else.

R's,
John

* - yeah, I know about Panama, Ecuador, the Bahamas, and the BVI




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