Lending money to the U.S. government. Maybe I am wrong, but it seems to me to be a huge red flag when a borrower browbeats a credit rating agency not to lower its rating on the borrower’s debt. But what do I know?
Within just the last year the government had to borrow money from the federal employees retirement plan (TSP) to meet expenses. I don’t know if it has ever paid back the money it “borrowed” from the G Fund which invests exclusively in nonmarketable short-term U.S. Treasuries. How ironic is that?
Love the user name, BTW.