Email of the day (2)
On BHP bonds being a better bet than Italian government bonds:
"I thought that subscribers might find the attached article of interest... BHP bonds a better bet than Italy"
David Fuller's view My thanks to subscribers who sent this link or a similar report.
This is not the first time that successful Autonomies such as BHP have been able to raise money more cheaply than indebted, slow-growth economies and I think we will see it more often in future.