NEWSFLASH!!!!!!!!!!!!!!!!!!!! Mal Pagossssssssssss!!!! 08/14/201208/14/2012 / Twocanview LLC I wish they had said something about what kind of effects this will have if any on our economy??? Share this:TwitterFacebookEmailPrintLike this:Like Loading...
Here’s a good outline… http://fiwebelize.com/2012/02/21/what-happens-when-a-country-defaults-on-their-foreign-debt-or-gets-a-bailout-to-avoid-foreclosure/
Meanwhile, the US is paying bubkis on its own securites. My husband and I are paying 3.5% on $850,000 US over 30 years while Belize is being asked to pay 8.5%. Talk about US colonialism!
Here’s a good outline… http://fiwebelize.com/2012/02/21/what-happens-when-a-country-defaults-on-their-foreign-debt-or-gets-a-bailout-to-avoid-foreclosure/
Meanwhile, the US is paying bubkis on its own securites. My husband and I are paying 3.5% on $850,000 US over 30 years while Belize is being asked to pay 8.5%. Talk about US colonialism!