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New terminology for investment paper

BearBear Posts: 18,953 ✭✭✭
Investment grade junk........ (Worth pennies on the dollar)

Sub investment grade junk ............ (Worth bupkus)

Toxic grade junk,...................................(So bad it kills you)

Sub toxic grade junk...... ( So bad, it kills you retroactively)

Terminal Junk..................( so bad that it is fit only for coin collectors)
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