i was thinking government owned by Argentina, Greece...

What do YOU think? Should lenders have access to assets such as gold or real estate that have not been mentioned as credit-security at time of making the contract? To me that's kinda fishy.

Are you making a distinction between private lands in the US vs US federal government owned lands?

spiderman

> If we're going by "unfair"as you say they should sell their real estate as well.

Instead, all you gotta do is sell your souls, including future offsprung ones.

optimism

The US has the biggest gold reserve and the gold is only valued at 1T (market value, by book value only 11b). US debt is like 38T  or something like that. So the gold is <3%

Mind you, all other countries have much much less gold. 🤷🏻‍♀️

It simply is irrelevant. If we're going by "unfair"as you say they should sell their real estate as well.

econ

Do Countries Seeking Bailout Have to Pledge or Liquidate their Gold Reserve?

The US has the biggest gold reserve and the gold is only valued at 1T (market value, by book value only 11b). US debt is like 38T  or something like that. So the gold is <3%

Mind you, all other countries have much much less gold. 🤷🏻‍♀️

It simply is irrelevant. If we're going by "unfair"as you say they should sell their real estate as well.