[who_would_fardels_bear]

So because all other countries are shifting the risk of loans from investors to their taxpayers, the US should do so as well.

BS.

[John Valentine]

You have failed to understand that it is the taxpayers of SOUTH AFRICA that ultimately guarantee an Ex-Im guaranteed loan to support a purchase by Comair - NOT the taxpayers of the US.

That’s the only reason export guarantee loans work - because the government of the BORROWER’s country guarantees to underwrite the loan - NOT the taxpayers of the lending country.

You ever negotiate one of these export guarantee packages? I have.