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Old September 25th, 2017, 01:09 PM   #1
RNG
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Perpetual bonds

Here's a weird but interesting economic entity, perpetual bonds:

https://www.youtube.com/watch?v=cfSI...ature=youtu.be
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Old September 25th, 2017, 02:17 PM   #2
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Here's a weird but interesting economic entity, perpetual bonds:

https://www.youtube.com/watch?v=cfSI...ature=youtu.be
Interesting concept indeed, seems sorta like a form of ownership.
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Old September 26th, 2017, 05:54 PM   #3
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What happens if they default?
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Old September 26th, 2017, 06:39 PM   #4
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Here's a weird but interesting economic entity, perpetual bonds:

https://www.youtube.com/watch?v=cfSI...ature=youtu.be
In perpetuity is a legal term that one would think means perpetual but does not, speaking from experience.
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Old September 26th, 2017, 06:42 PM   #5
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What happens if they default?
To slip into ebonics, "You be fucked".

As the article says, the assumption was that at some point the issuer would become bankrupt or shut down in some other way. The hope was that it would be after you got payback and a suitable return.
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Old September 27th, 2017, 06:06 PM   #6
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i wonder how much it cost the university who currently owns it. financially its kind of a bad investment, even if technically it can possibly earn an infinite amount.
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Old September 28th, 2017, 12:12 PM   #7
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I have a friend that owns a strip of land on music Row, he went to Europe and sold in square inch sections of the land to European Country Music fans. He paid for his year long sabbatical. I guess should say owned.

Black Oak Arkansas did the same thing in one of their Albums. They had farmland they named heaven (this way you could own piece of heaven).

Last edited by TNVolunteer73; September 28th, 2017 at 12:15 PM.
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