re: #156 3 wood
China to buy up to $50 billion of first-ever IMF bonds
Oh man, China might as well take their money and burn it as buy IMF bonds.Hey China! I’ll be happy to sell you $50 billion of 3 Wood Bonds, and you will be more likely to be paid back by me than you will the IMF.
Now I have seen everything.
Actually, I disagree with you here. IMF bonds will be repaid… count on it. Even if money has to be “printed”, in massive quantities, to do so.