Government bonds are loans you make to the government: You buy a bond for four weeks, six months, 10 years, etc., and at the end of that time, Uncle Sam pays you back with a little interest.
Fellow reporter Andrea Hsu and I decided to see what was going on for ourselves, so we went halfsies on a $100 government bond that matured after four weeks. If we'd bought this same bond at the beginning of the year, we would have earned a small fraction of a penny. Now we're getting more than 70 times that.
Wait, wait, wait. I thought we were supposed to get excited about next investment: Zelensky.
Good topic but crap coverage. You couldn’t expand.
Yes, we’re (lol) in a debt spiral from which it is mathematically impossible to recover from.
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Source: CNBC - 🏆 12. / 72 Read more »