4 ms·
And what about international obligations? What about mortgage-backed securities?
by wrkronmiller 7y ago
And what about international obligations? What about mortgage-backed securities?
- wegs 7y agoInternational obligations, where governed by US law, get placed on hold too. Ideally, other countries join in the regime. If not, you're just talking about a much smaller amount of debt (US debt held under foreign jurisdictions). Mortgage-backed securities generate no income for a couple of months.
- im3w1l 7y agoIf you stop paying other countries, the goods stop flowing. Or are you going to swing the military dick around to force people to give you stuff for free?
- op00to 7y agoNope. The world floats on net terms. Companies extend terms frequently. Doing so is not as big of a deal as you are making this out to be.
- joe_the_user 7y agoPensions and institutions people need to survive get a bailout. Speculators lose their shirts.
- marcus0x62 7y agoWhat’s the difference between a worthy investor and a speculator? Is it sort of like the difference between a church and a cult?
- Red_Leaves_Flyy 7y agoNet worth?
- throwaway3563 7y agoHolding duration.