The only possibility for any western country to pay is the
interest rate on its sovereign bonds for as long as the interest
rate is low enough... the moment it goes above a certain
level....knocked out....
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everyone knows no western country can pay back its debt
What do you suppose will happen to the markets when ...
Posted by alseq on 9th of Nov 2011 at 03:18 pm
The only possibility for any western country to pay is the interest rate on its sovereign bonds for as long as the interest rate is low enough... the moment it goes above a certain level....knocked out....