What's "smaller" in this case? I thought that most countries didn't need to borr... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		hugh3 on Oct 5, 2011 \| parent \| context \| favorite \| on: Why Germany seems not to want a quick fix for the ... What's "smaller" in this case? I thought that most countries didn't need to borrow money internationally, they just sell bonds primarily to their own citizens.

justincormack on Oct 5, 2011 | [–]

Depends on whether they are running a current account deficit too, in which case there will be net borrowing from abroad. Many countries borrow quite substantially abroad.

eru on Oct 5, 2011 | [–]

They are lots of countries with debt dominated in foreign currency. Especially developing ones.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact