There are people in the world who still think that buying US bonds is a good idea.
The only people who genuinely believe that are people with double digit IQs and boomers who were psyopped into thinking the 60/40 folio provided them with security, lmao
>>62647826But... the drawdown!
Only pmg baggies think that
>>6264782050% of my folio is us bonds.
>>62647820I remember that bond shill in 2021 urging people to buy bonds kek
>>62647820It's a political decision, they could "just" raise taxes and reduce government spending.I think the positive effect of a lower interest rate on economic growth would be greater than the negative effect higher taxes would have on growth.So the "just" is that it is unpalatable for the voter.