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Very interesting. Why tax exempt munies when the state and local govts are paying with i.o.u.s. and the like? Why won't they default? This is a legit question, not meant to be disparaging in any way. It would never occur to me to invest in munies under this scenario, just learning!
Nov 06 17:08 pm
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+3
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All Comments by optionsgirl »What's On Your Wish List? [View instapost]
On Nov 06 03:10 PM robert.b.ferguson wrote:
> If the scenario laid out by yellow hoard is the catalyst I would
> short uncle buck and buy tax exempt munnies and Brazilian telecoms
> like (VIV)