Samstag, 31. Mai 2008

Wie die Amis Infrastrukturerschliessungen finanzieren

Mit Bonds natürlich!

These are bonds sold by municipalities to build the infrastructure for housing developments, and are backed by the taxes paid by all the new residents who are going to move in. If no residents move in, or too few do, the bonds aren’t repaid.

Quelle: Subprime Finds New Victim as Muni Defaults Triple: Joe Mysak

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Labels: USA

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