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Why in the world would you own bonds?

bridgewater.com

531–532 of 532 posts

Re: Why in the world would you own bonds?

#531

Earlier quoted context omitted.

You might want to define unfree markets because American lives with regards to some key metrics seemed to improve more notably when it's markets were comparatively less free in the post ww2 era and china is also doing quite well and manage to get trough the 2008 financial crisis unscathed with it's application of Keynesian economics compared to US/EU.

What a free market is is pretty well known, and an unfree one would significantly deviate from that.

So was the US back then a free market in this binary state of markets?

Re: Why in the world would you own bonds?

#532
post #513
post #487

Earlier quoted context omitted.

Pretty sure that's only for individuals.

The formal guarantees, yes. There are additional informal expectations about bailouts. Too-big-too-fail is a thing for a reason.

But 99% of companies aren't considered too big to fail.
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