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To: muir_redwoods
I gauge peoples financial literacy by asking if they would pay more for a high yield corporate bond or a low yield corporate bond.

They'd have to be able to assess their own acceptable level of default risk before answering that. Which...kind of proves your point.

41 posted on 11/19/2015 9:13:30 AM PST by Bloody Sam Roberts (Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
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To: Bloody Sam Roberts

Well, I got some awesome rates on these here Greek municipal bonds. What could possibly go wrong?


43 posted on 11/19/2015 9:16:30 AM PST by Billthedrill
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To: Bloody Sam Roberts

the question isn’t which they would buy but simply what the price would be


47 posted on 11/19/2015 9:18:58 AM PST by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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