"Dinarians, do the Math" by (Anonymous) - 8.6.19

Entry Submitted Anonymously at 7:24 PM EDT on August 6, 2019

Assuming Judy and other gurus are correct and the rates for Zim are $.000011 street and $.000035 back screen, have you done the math? Because if not, you are screwing yourselves if you take the higher rate!

For a 100T note at .000011 you walk away with $1,100,000,000 and no humanitarian projects required. On the same 100T note at .000035 you get $3,500,000,000. You are allowed up to 20% for yourself, the rest for humanitarian projects. That leaves you with only $700,000,000, a loss of $400,000,000 over the street rate!!

In my opinion, they need to make the incentive to do humanitarian projects at least equal to just taking the street rate. For that to happen I feel you need to negotiate at least a back rate of .000055 to be even. That gives you 5,500,000,000 on a 100T bond less the 20% allowed to keep, therefore a take home amount of, wait for it...$1,100,000,000!!!

This is my opinion only and my justification in weighing whether I will just take the street rate over the humanitarian rate or negotiate for what is only fair of course. But there is a lot of work and ongoing dedication to commit to a humanitarian project, don't you at least deserve to make as much as simply walking away with the street rate??? Don't let the banks fool you with their crazy math that leaves $400 million out of your and your families pocket! Just saying...

Anonymous
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