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re: REPO act. Steal Russia's money.

Posted on 4/22/24 at 2:10 pm to
Posted by sta4ever
The Pit
Member since Aug 2014
15601 posts
Posted on 4/22/24 at 2:10 pm to
Well if the US market is so dangerous, then where else can businesses, countries, and people look that’ll provide much more safety, and a much better return?
Posted by Tantal
Member since Sep 2012
14278 posts
Posted on 4/22/24 at 3:35 pm to
quote:

Well if the US market is so dangerous, then where else can businesses, countries, and people look that’ll provide much more safety, and a much better return?

Well, if Milei can get things turned around, Argentina is going to boom. Strangely enough, Turkey looks to be in good shape going forward. Southeast Asia is looking pretty good too. This is all about meeting our legal/contractual obligations. If people or countries think that we're likely to change the terms of our agreement on political whims, then suddenly we look less stable and less attractive as a haven for capital and investment.
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