4 ms·
US denominated debt in Europe is the real elephant to the lay person. Much debt was created in Europe and elsewhere outside the US that was priced and must be s
by howmayiannoyyou 4y ago
US denominated debt in Europe is the real elephant to the lay person. Much debt was created in Europe and elsewhere outside the US that was priced and must be settled in USD - at far lower interest rates than are emerging from the FED at present.