Europe actually has dialed back its debt. Remember I did the presentation last week. I think there were 13 countries that had better credit ratings than the United States. Greece today. Greece today has a better credit rating than the United States. Their 10 year bond is cheaper, lower in interest costs than the US and much of that risk premium is governance. It's the belief saying, oh, the United States is going to use its tools to bend inflation. (06:05–06:10)
CLAIM
Asserts that Greece currently has a better credit rating than the U.S.
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