http://tothepointwithbozic.com/current-events/country-loan-default?utm_source=rss&utm_medium=rss&utm_campaign=country-loan-default Commentary, Opinions, Thoughts and Discussion on Current Events, Politics and The Mortgage Industry Fri, 11 Mar 2016 16:33:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://tothepointwithbozic.com/current-events/country-loan-default#comment-40 Chris the Mortgage Broker Tue, 26 Jul 2011 14:51:26 +0000 http://boristalks.wordpress.com/?p=279#comment-40 The answer is a country is forced to sell its state-owned assets to private investors to raise cash. Maybe they will sell the Acropolis or the Postal Service - there are many options. Here's an example http://www.huffingtonpost.com/2011/05/28/greece-debt-state-assets_n_868445.html The answer is a country is forced to sell its state-owned assets to private investors to raise cash. Maybe they will sell the Acropolis or the Postal Service – there are many options. Here’s an example http://www.huffingtonpost.com/2011/05/28/greece-debt-state-assets_n_868445.html

]]> http://tothepointwithbozic.com/current-events/country-loan-default#comment-39 Branko Kramaric Wed, 20 Jul 2011 00:11:25 +0000 http://boristalks.wordpress.com/?p=279#comment-39 Hi Cousin, l read your article and found it very informative. you stated that if a country actually defaults in their repayments no actual fourclosures could occur. How is a creditor expected to be repaid if there is no means of recovering the debt occured?. In your example what's to stop another country from taking the Greek Islands as payment. Surely, if a debt is incurred consequences have to be in place to encourage payment in full or else. Hi Cousin, l read your article and found it very informative. you stated that if a country actually defaults in their repayments no actual fourclosures could occur. How is a creditor expected to be repaid if there is no means of recovering the debt occured?. In your example what’s to stop another country from taking the Greek Islands as payment. Surely, if a debt is incurred consequences have to be in place to encourage payment in full or else.

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