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Strategies & Market Trends : Classic TA Workplace
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To: sandeep who wrote (19009)11/1/2001 7:03:05 PM
From: patron_anejo_por_favor  Read Replies (2) of 209892
 
<<Why do you think that lending money to uncle sam for 10 years is riskier than equities (or not worth the risk)? After all, one can lose a lot of money in the equities than by lending to the most powerful nation on earth.>>

Well let's see, Uncle is going from a budget surplus to a deficit in the space of less than a year, his economy has fallen into a recession which shows no sign of abating, he's gotten into a war that has no clear or definable end point, he's just suffered a major terrorist attack on his own soil with promises of much more to come and he's expanded the money supply over 20% in the last year. Right, other than that, no risk at all!
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