Interesting question actually. Given a level of inequality, how should debt be notionally 'distributed'? https://twitter.com/jamyerson/status/725357831466192896 …
@gibsopi @JAMyerson Not the sort of question you can definitively dispose of :). Sov debt cannot be separated from confidence in a people
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@vgr@JAMyerson U.S. treasuries are below 2%. That's not a dispositive sign of confidence in U.S. debt? -
@gibsopi
@JAMyerson There's no ground truth here, remember. Confidence is relative to *other* instruments available globally. - 2 more replies
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