Defaulting Quotes

When governments are selling, you should be buying. And when governments are defaulting, we should look at that as an opportunity. (David Bonderman)
Defaulting to ur psyche as ur system instead of an objective one makes maintaining the system too much trouble. View quote
David Allen (author)
Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back. View quote
Mark Zandi
Imagine how much capital a country like Argentina might attract - if instead of defaulting seriatim and affecting a pose of anger toward creditors, it borrowed responsibly and honored its obligations. View quote
Paul Singer