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According to Italian newspaper Corriere della Sera, Donald Trump offered to help finance Italy's 2019 public borrowing, when the Rome treasury is scheduled to issue about 400 billion euros ($462 billion) worth of debt.
originally posted by: AugustusMasonicus
a reply to: FamCore
Italy has a Baa2/BBB rating which is not great, I wouldn't buy it.
originally posted by: SlapMonkey
The wording of that is disturbing.
originally posted by: FamCore
That being said, can anyone enlighten me as to why buying the debt of other countries would be a smart "investment" vehicle? Whether financially or otherwise?