RIP to whoever lent the EU money for 30 years at a -0.5% annual return

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RIP to whoever lent the EU money for 30 years at a -0.5% annual return

Your options: Sell now at a ~64% loss, or watch Christine Lagarde charge you .5% per year for the privilege of eroding your purchasing power via inflation.

Sovereign debt bag holders rekt. pic.twitter.com/iQt9tE14Dc

— Stack Hodler (@stackhodler) September 25, 2023

See also If Michael Saylor is a genius, why does he need to keep telling people to buy his stock and borrow massive amounts of money? If Bitcoin collapses he faces a massive margin call from his lenders. No one will lend him money, he can't issue new stock.

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