It’s not exactly news that Venezuela is having currency problems. What was news to me, however, was that they are now considered to have better than even odds of defaulting. Also, note that California makes the top 10 list for highest default probabilities.
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gilmoure reblogged this from crazynutjob
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jakke said:
Have they not noticed that the same thing has been tried like several dozen times by other countries… and never worked? How does this happen over and over like this?
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crazynutjob posted this
