George Soros says Europe should tap up an obscure bond used during the Napoleonic Wars to save itself from a coronavirus depression

Business Insider

Published

· Hedge fund veteran George Soros says Europe should introduce so-called perpetual bonds — bonds that have no maturity — to help finance the response to the economic impact of the coronavirus.
· With a perpetual bond, the principal, or the amount that is borrowed, is never paid back, and the borrower only repays the...

Full Article