The best explanation I can think of is that sanctions relief will be exchanged f... | Hacker News

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		rsync 10 months ago \| parent \| context \| favorite \| on: Dow Slides Another 1k Points. Nasdaq on Pace to En... The best explanation I can think of is that sanctions relief will be exchanged for haircuts (restructuring) of foreign held debt. If you’re familiar with bankruptcy - and the president is - then you know all about reduction of principal…

epistasis 10 months ago [–]

That is roughly the Mar-a-lago accord idea, but the both the financial leverage for that and the negotiating tactics have been completely mismanaged if that's the goal, it really doesn't make any sense.

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