Re:Bill Ackman: The gov't has about 48h to fix a-soon-to-be-...
by fauigerzigerk on Saturday March 11, 2023 @03:54PM
(#35112605)
>They can get bridge loans
Yes, I just worry that some of them might not be able to sort this out quickly enough on their own.
Also, the total amount of similarly illiquid government bonds is gigantic after interest rates have shot up so quickly. Let's not make the Lehman mistake again. It's not worth sacrificing the entire economy to ideological sensitivities (on both sides of the political spectrum).
Yes, I just worry that some of them might not be able to sort this out quickly enough on their own.
Also, the total amount of similarly illiquid government bonds is gigantic after interest rates have shot up so quickly. Let's not make the Lehman mistake again. It's not worth sacrificing the entire economy to ideological sensitivities (on both sides of the political spectrum).