2 ms·
Oh, sure. Consider the bonds that have to be paid back next Tuesday (assuming there are some). What would happen if those weren't paid back? Do you think it wor
by Arnt 1y ago
Oh, sure. Consider the bonds that have to be paid back next Tuesday (assuming there are some). What would happen if those weren't paid back? Do you think it world be practically possible to issue new bonds in the near future?
The rush of not being able to issue new bonds imposes considerable discipline.