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With Ukraine Default Risk At 6 Year Highs, US Taxpayers "Volunteer" To Guarantee Its Debt 

By: capt_nemo in FFFT3 | Recommend this post (2)
Wed, 14 Jan 15 4:47 AM | 93 view(s)
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Now whos idea was this?????? hmmmmmmmmm

Submitted by Tyler Durden on 01/13/2015 - 15:45

Just two days ago we detailed the possibility that Russia could accelerate debt repayment on a $3 billion loan it granted to Ukraine that has broken its covenants. While there is no word yet from Russia on a decision whether to demand the payment, it appears, as Reuters reports, the US taxpayer - just as we warned - is quite willing to step up (thanks to their leaders in Washington) and guarantee $2 billion in loans to the world's 2nd most credit risky nation (after Venezuela).

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http://www.zerohedge.com/news/2015-01-13/ukraine-default-risk-6-year-highs-us-taxpayers-volunteer-guarantee-its-debt




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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