[2banana]

We keep hearing on these threads about how the dollar is worthless and T-bills are trash. I keep volunteering to come over and haul them away for free but I never get any takers. Seriously, we know that most gov't debt is safe because safety's not the problem. Reason I got no use for T-bills is there's no return there, almost as bad as precious metals imho.

Well, a pretty silly argument. People won't give me something for free so it must have value and still be a good investment.

The debt levels of America and most of the developed world are at 100%+ GDP levels and still growing. They will never be paid back with anything close to the value of the initial investment.

Fast forward 10 years after 8 years of Hillary. What do you think the debt level of American will be? How many cities and states will be bankrupt or bailed out with more and more printed money?

Do you really think a 2% return on a 30 year Treasury compensates the investor for the risk he/she is taking?

[expat_panama]

debt levels of America and most of the developed world are at 100%+ GDP levels and still growing. They will never be paid back with anything close to the value of the initial investment.

That's what we hear on these threads all the time 'cause it's what the idiot news gets paid to do --pander to the feelings crowd.  Real life info is easy to get and it turns out the world  average debt/gdp is 75% and the average of the top 30 gdp nations is 77%.   fwiw, here's the list of are the top 30:

gdp rank	country	debt/gdp
1	United States	102
2	China	22
3	Japan	230
4	Germany	75
5	United Kingdom	89
6	France	95
7	Brazil	59
8	Italy	132
9	India	66
10	Russia	18
11	Canada	87
12	Australia	29
13	South Korea	34
14	Spain	98
15	Mexico	31
16	Indonesia	25
17	Netherlands	69
18	Turkey	33
19	Saudi Arabia	2
20	Switzerland	34
21	Sweden	44
22	Nigeria	11
23	Poland	50
24	Argentina	46
25	Belgium	107
26	Venezuela	50
27	Norway	26
28	Taiwan	37
29	Austria	85
30	Iran	11