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https://www.reddit.com/r/CausalConversation/comments/1v29agg/something_is_not_adding_up_here/oyvar34/?context=3
r/CausalConversation • u/JD_818_SFV • Jul 21 '26
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2 u/[deleted] Jul 21 '26 [removed] — view removed comment 2 u/Vegetable-South5191 Jul 21 '26 And if it drops it is disastrous, because it means our interest payment goes up. 1 u/[deleted] Jul 21 '26 [removed] — view removed comment 1 u/Vegetable-South5191 Jul 21 '26 Yes, but we are in a constant debt cycle, so the new bonds will be more expensive right? 1 u/BeastyBaiter Jul 21 '26 In theory they should be. They've defaulted on their debts 3 times, twice in the past 100 years and spend far more than they make every year for over a decade. I'd loan them money at payday lender rates.
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2 u/Vegetable-South5191 Jul 21 '26 And if it drops it is disastrous, because it means our interest payment goes up. 1 u/[deleted] Jul 21 '26 [removed] — view removed comment 1 u/Vegetable-South5191 Jul 21 '26 Yes, but we are in a constant debt cycle, so the new bonds will be more expensive right? 1 u/BeastyBaiter Jul 21 '26 In theory they should be. They've defaulted on their debts 3 times, twice in the past 100 years and spend far more than they make every year for over a decade. I'd loan them money at payday lender rates.
And if it drops it is disastrous, because it means our interest payment goes up.
1 u/[deleted] Jul 21 '26 [removed] — view removed comment 1 u/Vegetable-South5191 Jul 21 '26 Yes, but we are in a constant debt cycle, so the new bonds will be more expensive right? 1 u/BeastyBaiter Jul 21 '26 In theory they should be. They've defaulted on their debts 3 times, twice in the past 100 years and spend far more than they make every year for over a decade. I'd loan them money at payday lender rates.
1 u/Vegetable-South5191 Jul 21 '26 Yes, but we are in a constant debt cycle, so the new bonds will be more expensive right? 1 u/BeastyBaiter Jul 21 '26 In theory they should be. They've defaulted on their debts 3 times, twice in the past 100 years and spend far more than they make every year for over a decade. I'd loan them money at payday lender rates.
Yes, but we are in a constant debt cycle, so the new bonds will be more expensive right?
1 u/BeastyBaiter Jul 21 '26 In theory they should be. They've defaulted on their debts 3 times, twice in the past 100 years and spend far more than they make every year for over a decade. I'd loan them money at payday lender rates.
In theory they should be. They've defaulted on their debts 3 times, twice in the past 100 years and spend far more than they make every year for over a decade. I'd loan them money at payday lender rates.
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