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Current state of economic thinking: technically not risk-free, but we'll call it that anyway...what could go wrong!?
by jsprogrammer 12y ago
Current state of economic thinking: technically not risk-free, but we'll call it that anyway...what could go wrong!?
- joncooper 12y agoWell, if you're talking about LIBOR, the risk is that the AA bank to whom you have counterparty risk will default within 3mo, so it's very, very, very low risk.