Quote:
Originally Posted by mrbeverlyhills
So, if the cataclysmic events unfold, the world plunges into depression, id the US bond safe? Where else can you put your capital to be sure it isn't worthless?
FDIC may have to turn around and say "sorry" can't make everyone good. You are SOL.
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1. The US Treasury has been the safe haven in spades since 2008. If it goes everything has already went. Hence low interest rates.The same applies to the USD.
2. FDIC has been an illusion for decades.