Imagine
Imagine having around 1/2 ($250 billion) of your $500 billion of liabilities be a combination of lower-than-zero-cost insurance float + an interest-free loan (deferred capital gains tax) from the U.S government.
Imagine having around 1/2 ($250 billion) of your $500 billion of liabilities be a combination of lower-than-zero-cost insurance float + an interest-free loan (deferred capital gains tax) from the U.S government.