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Forum
-> Household Management
-> Finances
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amother
OP
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 Sun, Nov 12 2023, 10:05 pm
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Is it a bad idea to buy government bonds now. Interest rate is high and the government owns 37 trillion and having to pay interest on that is 3-4 billion a day. What happens if they default?
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amother
DarkPurple
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Mon, Nov 13 2023, 11:18 am
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If that happened, you’d have bigger problems than losing the money in bonds. It’s extremely unlikely.
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amother
Quince
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Mon, Nov 13 2023, 11:21 am
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If they defaulted then wouldn’t the dollar be worthless?
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amother
OP
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Mon, Nov 13 2023, 11:56 am
| amother DarkPurple wrote: | | If that happened, you’d have bigger problems than losing the money in bonds. It’s extremely unlikely. | why extremely unlikely?
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amother
OP
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Mon, Nov 13 2023, 11:56 am
| amother Quince wrote: | | If they defaulted then wouldn’t the dollar be worthless? | yes. what is good to invest in now?
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