News Analysis: “Cosmetic Loans” Benefit No Debtors, But Do Sound Impressive to the Naïve, think many International Businessmen (who heard such Financial Tripe by Politicians before).
If a Government Loan Guarantee will not be accepted by any Lender, for the benefit of Debtors, it is effectively a “Cosmetic Loan”; as real as a hologram.
As the Adage goes: “If One is to Talk the Talk, He Must Walk the Walk”. It appears that the severe Capital Shortage of a Nation is NOT being aided with a Financial Tranche, but merely supplanted in Oral Emanations by those whose Real Intentions may be suspected (EVENTUALLY by the debtors).
Reality.