Posts Tagged ‘bonds’

  • As long as countries have good credit, perpetual debt is okay.

    The Benefits of Perpetual Federal Debt

    Nov 4, 14 • 311 Views • No Comments

    Very long term federal debt that has no date for redemption like UK First World War bonds and U.S. Revolutionary War debt depend on good public credit....  [read more]

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    Greek Haircuts

    Jul 6, 11 • 294 Views • No Comments

    When people talk about haircuts and Greece, they are no longer referring to the female beauticians that retired at 50 with a generous state pension because their work was “arduous.” Instead, they are discussing the losses, known on Wall Street as...  [read more]

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    Debt Deja Vu

    Jun 9, 11 • 271 Views • No Comments

    Again, Greek debt was in the news. This time, though, the focus was other defaults. For as long as nations have existed, they have borrowed money and then been unable to repay it. The first report of Greece defaulting on her debt was during the fourth century...  [read more]