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Imagine if we used the word "investments" instead of "loans" for these government bonds. One word change and everyone's perceptions would drastically change.
by solve 11y ago
Imagine if we used the word "investments" instead of "loans" for these government bonds. One word change and everyone's perceptions would drastically change.
- laichzeit0 11y agoWell to the layman like myself, bonds and investments sound different. With a bond I expect there to be some security or asset backing it that I could potentially recoup if you default. I don't know like say, Greece loses some it's territory in equal worth to it's debts?