Re:Just the Facts: S&P's $2 Trillion Mistake
by artsrc on Monday August 08, 2011 @03:20AM
(#2859134)
> if you're not investing in US treasuries, what are you going to invest in?
You could fund my mortgage. I pay 7% floating in a currency with a pretty good record of late. My property could halve in value and you would still get your money back, and I can fund the the loan from my current income.
I also can't just decide to not pay you without you being able to foreclose.
You could fund my mortgage. I pay 7% floating in a currency with a pretty good record of late. My property could halve in value and you would still get your money back, and I can fund the the loan from my current income.
I also can't just decide to not pay you without you being able to foreclose.