Comment by 1970-01-01
3 days ago
This is a masterpiece on how to sidestep a national debt crisis.
1. Don't acknowledge the problem directly.
2. Take over Venezuela's GDP by benevolent force or whatever he is calling it.
3. Pay off the debt interest with new funding windfall.
4. Profit
tell me the direction the bond market moves then, and show me your positions. this is the dumbest thing i've read in this thread.
Long on bonds, what's your point?