The discussion centers around the investment potential of U.S. sovereign debt, with Doug McIntyre advocating for its inclusion in portfolios due to safety and competitive yields. Lee Jackson supports this view, noting historical context of U.S. government debt and the importance of maintaining the nation's status as the world's reserve currency. He references the past successes of bipartisan efforts in achieving a balanced budget and emphasizes the reliability of U.S. debt despite current concerns over national debt levels. Investors can access these securities through brokers or ETFs, making them accessible and appealing.
I think it makes sense because even though our debt is ridiculous, and our debt to GDP is the highest it's been since World War II.
I think that, I mean, always, when you're backed by the full faith and credit of the U.S. government, you're going to get paid.
I mean, Clinton and Newt Gingrich, they worked together and we had a balanced budget. It didn't mean that we didn't have government debt.
I think they're a really good idea because, you can, you can either buy them individually, which you can buy through your broker or you can buy often by yourself.
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