SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David W. Taylor who wrote (926)9/21/2003 9:10:23 PM
From: Real Man   of 110194
 
David, in real deflation like you describe, US bonds will return neither interest nor premium. Even treasuries. It's called default, and it was practiced in other debtor countries, such as Argentina. Only Argentina, Turkey, Indonesia, South Korea, or Russia were not nearly as much in debt to the rest of the world as the US of A. Why gold? What else? You get your premium back!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext