ETFs For The “Muddle Through” Micro-Economy
Governments around the globe are struggling to get their spending in check. Annual deficits in the developed world are, in many cases, devastatingly obscene. And yet, if an industrialized country (e.g., Germany, Japan, United States, Great Britain, etc.) has enough cache with global borrowers, that nation may presently borrow-n-spend with impunity. Treasuries, gilts, JGBs, German “bunds” — the rich sovereigns have been racking up enormous “credit [...] [...more]


