wondering if journalists just copy/paste this year after year or write it from scratch each year :)
the first of like-this-one I remeber from early 2000’s…
toomuchtodo•57m ago
You haven’t seen the bond market then. Look at what it’s doing. Ignorance is bliss until it isn’t. Interest rates will only keep going up for the foreseeable future, increasing the cost of all credit products, slowing the economy further along with rising oil prices.
> The combination of near-term energy-driven inflation and the long-term debt trajectory means that it will cost more to borrow money for the foreseeable future.
Not investing advice, but locking in long term debt at low interest rates would potentially be a good idea. I have, so US policy inflates it away over time.
“How Countries Go Broke: The Big Cycle” by Ray Dalio is a great book on this topic.
bdangubic•1h ago
the first of like-this-one I remeber from early 2000’s…
toomuchtodo•57m ago
> The combination of near-term energy-driven inflation and the long-term debt trajectory means that it will cost more to borrow money for the foreseeable future.
Not investing advice, but locking in long term debt at low interest rates would potentially be a good idea. I have, so US policy inflates it away over time.
“How Countries Go Broke: The Big Cycle” by Ray Dalio is a great book on this topic.
https://economicprinciples.org/downloads/How-Countries-Go-Br...
https://en.wikipedia.org/wiki/How_Countries_Go_Broke