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Puerto Rico
rawteam1
Posts: 2,472 ✭✭✭
I'll be the 1st to commentate that this maybe the big canary that could pummel pm's...
Alot of hedgies on the hook, how it's handled will be big...all hush hush right now ...
Could crush liquidity...
Alot of hedgies on the hook, how it's handled will be big...all hush hush right now ...
Could crush liquidity...
keceph `anah
0
Comments
<< <i>I'll be the 1st to commentate that this maybe the big canary that could pummel pm's...
Alot of hedgies on the hook, how it's handled will be big...all hush hush right now ...
Could crush liquidity... >>
Maybe, but 70 billion is small potatoes in the scheme of things unless there is a Domino affect i/e California, Michigan, Illinois etc.
<< <i>
<< <i>I'll be the 1st to commentate that this maybe the big canary that could pummel pm's...
Alot of hedgies on the hook, how it's handled will be big...all hush hush right now ...
Could crush liquidity... >>
Maybe, but 70 billion is small potatoes in the scheme of things unless there is a Domino affect i/e California, Michigan, Illinois etc. >>
Eyeroll, the implosion of a hedgefund is immaterial to i/e California, Michigan, Illinois etc... I don't see how your thought process on this one works.....
<< <i>
<< <i>
<< <i>I'll be the 1st to commentate that this maybe the big canary that could pummel pm's...
Alot of hedgies on the hook, how it's handled will be big...all hush hush right now ...
Could crush liquidity... >>
Maybe, but 70 billion is small potatoes in the scheme of things unless there is a Domino affect i/e California, Michigan, Illinois etc. >>
Eyeroll, the implosion of a hedgefund is immaterial to i/e California, Michigan, Illinois etc... I don't see how your thought process on this one works..... >>
My line of thought was: PR going bankrupt. What kind of hedgefund exposure are you talking about?
California is fine....Gov Brown at the helm.
Liberty: Parent of Science & Industry
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
<< <i>I lived and worked in Puerto Rico for almost three years.... and other than tourism and some beautiful women, they have nothing to offer... Cheers, RickO >>
Lol, they had some bond offerings though don't forget...lol...
$370K in national assets per US citizen $819K in liabilities per citizen. Puerto Rico should shore up the difference.
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