Reply to post: Re: HS2 and the Galileo replacement

Re: HS2 and the Galileo replacement

@ Dan 55

"So if a country uses US dollars as their official or pegged currency (say, a dollarized South American one), and the IMF bails it out, is that bailing the US out?"

So if a country not US gets bailed out is that bailing out the US? Is that seriously your comparative question?

If the IMF bailed out California then yes and that would be an equivalent example.