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Every developed country which supports itself by selling bonds to pay for its expenses is effectively putting its economy "on the stock (bond) market"
by vasco 8y ago
Every developed country which supports itself by selling bonds to pay for its expenses is effectively putting its economy "on the stock (bond) market"
- zeusk 8y agobonds have essentially a capped upside, and are pretty similar to debt which is vastly different from equity.
- nebolo 8y agoBonds ARE debt.
- zeusk 8y agoBonds are a type of debt.
- curiousgal 8y agoAlso water is wet.
- dragonwriter 8y agoBonds are “similar to debt” in the same way that oceans are “similar to large bodies of salt water”.
- zeusk 8y agoYou're totally missing the point of my comment. I'm not a native english speaker so perhaps I didn't get my point across quite clearly - Bonds/Debt are a totally different thing compared to equity (IPO).
- PeCaN 8y agothanks for the financial insight stay savvy hacker news!
- AboutTheWhisles 8y agoNo, the government is putting itself on the market.