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This entry was posted on May 5, 2010 at 2:50 pm and is filed under Sovereign Debt. You can follow any responses to this entry through the RSS 2.0 feed.
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May 5, 2010 at 4:15 pm |
Re; Gold backed bonds. Have not heard that idea in quite some time. (A few years ago Paul Kasriel of the Northern Trust brought it up.) It would sure be a lot more attractive to U.S. taxpayers given that their share of IMF operations is about 17%. I don’t even think that a majority of U.S. political progressives would like to finance part of any Greek bailout. We need to hear more of these practical ideas on CNBC.
May 5, 2010 at 6:29 pm |
all the diet cokes you can drink