I've not heard it used.
Is it used in relation to bonds held by insolvent banks?
Discussion
Likely every "asset" that's currently priced in fiat and financed with debt.
A long list.
I've not heard it used.
Is it used in relation to bonds held by insolvent banks?
Likely every "asset" that's currently priced in fiat and financed with debt.
A long list.