The fact is BC still has AAA credit rating (that means most ratings and bank places did the calculation that BC can at least pay the minimum due).. BC can go bankrupt.. but when that happens, places like the UK w/ AA+ will go first. I don't think we will need to worry about elections then.
The fact is debt at this point in time is so cheap, it is stupid not to take advantage of it (including paying it off) for the next half a decade or so. With Japan devaluing the yen, it is not going to be expensive any time soon.
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Originally Posted by Mr.HappySilp
I like to know what happens when BC can't afford to pay the min payment due for thier loans? And what happens if BC goes bankrupt?
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