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Re:The money I saved as a child would buy one picogram of go... by JumpCrisscross on Sunday April 17, 2022 @04:59PM (#31064460)
> all of Africa, large swathes of Asia, much of Europe including Germany and Russia, most of South America

Were any of these seen, contemporaneously, as low-risk?

The backfire sovereigns in the last 100 years were limited to Austria-Hungary and the Dutch, trading economies derailed by war. The others aren’t trading nations, or were well-established basket cases when they issued their debt.

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