Treasuries: America's Best Product?
Every financial crisis has unique origins, but you can count on this constant: Investments funded or backed by the U.S. government have an intrinsic advantage. It's irrelevant whether the Treasury borrows trillions or that the U.S. is caught with the rest of the world in a sharp recession. All nations can claim superiority at something, whether it's art, electronics, engineering, fashion, gastronomy,
