Comment Comment by 0zemp2c it isn't ignorance, he's rightthere is no external context for a buyer of debt to assess value outside of sovereign currencies, which are basically ALL junk for G7 nationsthe other G7 nations with worse stats all have AAA...its meaningless...if you want to buy G7 debt, you MUST buy toxic wastemaybe one day Mars will issue high-quality debt backed by hard assets...until then... parent 0zemp2c 3 years ago
there is no external context for a buyer of debt to assess value outside of sovereign currencies, which are basically ALL junk for G7 nations
the other G7 nations with worse stats all have AAA...its meaningless...if you want to buy G7 debt, you MUST buy toxic waste
maybe one day Mars will issue high-quality debt backed by hard assets...until then...