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Old 06-20-2006, 08:11 PM  
Snake Doctor
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Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
Quote:
Originally Posted by Webby
It may be safe to a degree, but there sure are both more profitable and safer bets than buying into the debts of a country.
No it's not safe to a degree, it's the absolute safest investment in the world period.
The U.S. Treasury's credit rating is the highest in the world. There is virtually zero credit risk for a U.S. government security.
That's why uncle sam can pay a lower interest rate than any other investment on the planet and still get all the money he needs.
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