Puerto Rico bigger risk to USA than Greece? How did this JUST crop up at the same time. We're normalizing nation state defaults. (hosted.ap.org)
submitted 9.8 years ago by sodaphish
Solstiare 9.8 years ago
My understanding is that it will hit q4 this or q1 next year. It's a crap shoot, really.
I'm figuring that credit markets, bursting tech bubble, and all the crap around the trade treaties will all hit at the same time.
bLuDcLoT_BARN 9.8 years ago
Ukraine could be next. http://www.bloomberg.com/news/articles/2015-07-01/ukraine-eurobonds-fall-4th-day-as-bofaml-warns-on-default-risks
Ukraine has threatened to stop paying its international creditors if they don’t accept a proposal that includes a writedown to the face value of about $19 billion of bonds.
Solstiare ago
My understanding is that it will hit q4 this or q1 next year. It's a crap shoot, really.
I'm figuring that credit markets, bursting tech bubble, and all the crap around the trade treaties will all hit at the same time.
bLuDcLoT_BARN ago
Ukraine could be next. http://www.bloomberg.com/news/articles/2015-07-01/ukraine-eurobonds-fall-4th-day-as-bofaml-warns-on-default-risks
Ukraine has threatened to stop paying its international creditors if they don’t accept a proposal that includes a writedown to the face value of about $19 billion of bonds.