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9 months agoIt seems like bonds are favourable when issued by a country with a stable government. Won’t investors consider this a sign of an unstable government and possibly continue to dump bonds?


It seems like bonds are favourable when issued by a country with a stable government. Won’t investors consider this a sign of an unstable government and possibly continue to dump bonds?
Uh, it’d be paid for with taxes, which <<checks notes>> are not zero dollars.