Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 659.00

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Nov 21 4:00 PM EST

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rxbond

To: yard_man who wrote (153093)	1/30/2021 10:02:23 AM
From: SGJ	1 Recommendation Read Replies (1) of 219166

I agree that the government is too big and wasteful. The deficit though is very affordable, simply because rates are so low. Rates on a 10 yr are 10x lower now than they were 30 years ago. Just like you can afford more debt to buy a bigger house now, so can the government. Its just that instead of buying a house, the government finances charity giveaways to other countries so politicos can get their kickbacks and other such nonsense. Believe me, if the national debt were such a risk aversive negative, no one would be buying all the T bills up at these low rates.

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