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🧠 What Happens When a Country Defaults on its Debt?jameslavish.substack.com/p/what-happens-when-a-country-defaults
213 sats \ 4 comments \ @CypherPoet 4 Sep 2022 bitcoin
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100 sats \ 1 reply \ @KenyaCoin 4 Sep 2022
Haircuts in soverign debt restructurings with foreign private creditors since 1815
https://i.postimg.cc/N01kkr6n/533be8d2-5d26-415b-a2d8-fe294da99f78-1360x878.webp
"biTCoIn iS a SPeCulaTIvE riSkY iNVesTmENt!!!!"
- Each of those countries that have forced haircuts for their creditors in the past
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20 sats \ 0 replies \ @pillar 4 Sep 2022
It's almost feels as if something weird happened in 1971.
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1 sat \ 0 replies \ @kilianbuhn 4 Sep 2022
The lenders are fucc.
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0 sats \ 0 replies \ @selfish_gene 4 Sep 2022
я Π½Π°ΡˆΡ‘Π» 20 $ Π² ΠΊΠ°Ρ€ΠΌΠ°Π½Π΅ ΠΈΠ· 2017 Π³ΠΎΠ΄Π° Π½ΠΎ ΠΊΡƒΠΏΠΈΡ‚ΡŒ ΠΌΠΎΠ³Ρƒ мСньшС Ρ‡Π΅ΠΌ Ρ‚ΠΎΠ³Π΄Π°. Π·Π°Ρ‚Π΅ΠΌ отыскал ΠΊΠ°Ρ€Ρ‚Ρƒ с 500$ Π½Π° балансС. Π½ΠΎ Π±Π°Π½ΠΊ ΡƒΠΊΡ€Π°Π» 80% Π·Π° обслуТиваниС ΠΈ Π³ΠΎΠ΄ΠΎΠ²ΠΎΠΉ % 2. ΠΈ Ρ‚ΠΎΠ»ΡŒΠΊΠΎ послС Π΄ΠΎΠ»Π³ΠΈΡ… поисков Π±ΠΈΡ‚ΠΊΠΎΠΈΠ½Π° ΠΎΠ½ ΠΏΠΎΠΊΠ°Π·Π°Π» Ρ‡Ρ‚ΠΎ всС ΠΌΠΎΠ½Π΅Ρ‚Ρ‹ Π½Π° мСстС, ΠΊΡƒΠΏΠΈΡ‚ΡŒ Π½Π° Π½ΠΈΡ… ΠΌΠΎΠΆΠ½ΠΎ большС. Π²ΠΎΡ‚ Ρ‚Π΅Π±Π΅ ΠΈ 100% ΡΠΎΡ…Ρ€Π°Π½Π½ΠΎΡΡ‚ΡŒ...
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