Quote:
Originally Posted by crucifissio
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Every developed country has national debt and issues bonds to each other.
USA - 100% of annual GDP
Japan - 250% of annual GDP
Singapore - 110%
Belgium - 105%
We buy bonds from each other because its 100% safe and payable. Even Putin invests in US bonds.
But he won't buy Serbian bonds. I wonder why!
I know its way too much information to digest to some 3rd wold bum looking to spend his life savings in another 3rd world shit hole. Life savings of 5K.