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by 0zemp2c 1114 days ago
it isn't ignorance, he's right

there is no external context for a buyer of debt to assess value outside of sovereign currencies, which are basically ALL junk for G7 nations

the other G7 nations with worse stats all have AAA...its meaningless...if you want to buy G7 debt, you MUST buy toxic waste

maybe one day Mars will issue high-quality debt backed by hard assets...until then...