Repatriate Debt & payback can span centuries, pandemics & famines. 2020: Irish donors send millions of dollars to Native American Choctaw people devastated by Covid. 1847: the Choctaw sent money to Ireland during the Great Potato Famine. Compassion & gratitude go beyond interest rates & repayment schedules Guessed the Word? …
Tag: repay
Ultra-long No repayment in a lifetime doesn’t deter today’s investor. Austria’s first 100-year bond in Sep attracted twice the usual number of investors. Neither lender nor borrower will be around to see the bond repaid. Central bank quantitative easing fixed-income purchases have drained liquidity, dropped yields to record lows and caused risk mis-pricing. Guessed the Word? …