waxwing on Nostr: Oh yes. Very good point. I had vaguely heard about these bonds (the inflation-linked ...
Oh yes. Very good point. I had vaguely heard about these bonds (the inflation-linked ones sold to the public) but I appreciate the info.
About hedge funds, yes, the govt defaulted on international debts and then certain funds (sometimes called vulture funds) bought the debts at discount and then they try aggressively to collect. It's a common model, see e.g. MtGox.
Published at
2025-03-25 19:23:08Event JSON
{
"id": "c7048a4f2dae9be1921962fef43bfb1f083250c79e8979de18a765f3fbc6ecaa",
"pubkey": "675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728",
"created_at": 1742930588,
"kind": 1,
"tags": [
[
"e",
"0b75b418fd77732fca71cd7e87353edf013f3fb70788c50917c1b89a21f572b6",
"",
"root"
],
[
"e",
"0000d8d2b16e1a9cfa16fbefc8d8f132b486ed8c83eb6be1707d789f97f0bd32",
"",
"reply"
],
[
"p",
"675b84fe75e216ab947c7438ee519ca7775376ddf05dadfba6278bd012e1d728"
],
[
"p",
"9e30e940238cd9ebebc6328176dd4d109812129442f2a6c38727fc66fa7ea90a"
]
],
"content": "Oh yes. Very good point. I had vaguely heard about these bonds (the inflation-linked ones sold to the public) but I appreciate the info.\nAbout hedge funds, yes, the govt defaulted on international debts and then certain funds (sometimes called vulture funds) bought the debts at discount and then they try aggressively to collect. It's a common model, see e.g. MtGox.",
"sig": "70b4c23d53b23703c298e77188c200bf1bc26fcdcbc1cb985697fda64920e1bc36613d145829ed5824d1f391dc4286cb213a6407be9e3a5c67711847492ba117"
}