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6
How to warn that shit's getting really bad for the economy without causing a panic: Buy government bonds! BUY THEM NOW! (archive.ph)
posted 3 years ago by GeneralBoobs 3 years ago by GeneralBoobs +6 / -0
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▲ 5 ▼
– GeneralBoobs [S] 5 points 3 years ago +5 / -0

It's a good sign for the economy when groups tell people "Stock's shit, invest in this sure thing that pays almost nothing on your investment in the short term." Because bonds are always the thing economists recommend when there's a downturn/recession.

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▲ 5 ▼
– ailurus 5 points 3 years ago +5 / -0

Maybe short term bonds are OK, but buying longer term bonds is just asking for trouble IMO, because the US govt is the source of most of the problems and seems determined to keep intentionally sabotaging stuff in an effort to keep the house of cards together another day. As opposed to just, you know, trying to fix the structural problems.

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– TomSeeSaw 2 points 3 years ago +2 / -0

I've realized that this is inherent to democracy.

To prevent tampering of democratic 'systems', no one is able to retain enough power for long enough, to enact systemic change.

The tamper-proof nature, results in it becoming fix-proof as well.

Thus a complete reworking of the system is the only feasible course, but it is not one that anyone in existing power will ever allow.

Violent revolutions could try to replace the system of power. Granting that they are actually able to beat the entrenched establishment, what happens is that there are still treasures from the old republic up for grabs, and thus the revolutionaries are often instantly corrupt, and such corruption is considered endemic to the 'new system'.

A complete collapse, with absolutely no nuggets of gold to tempt the survivors may bring about the (relatively) cleanest new system, as long as a singular man of vision is in control and is able to set things in stone, before handing it all over to the masses to turn dog's dinner again.

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▲ 4 ▼
– deleted 4 points 3 years ago +4 / -0
▲ 1 ▼
– LastRights 1 point 3 years ago +1 / -0

TLT, TIP, JPST/BIL?

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▲ 4 ▼
– deleted 4 points 3 years ago +4 / -0

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