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A comment on Ask HN: How are you preparing yourself for a recession?. Parent comment

Re:Ask HN: How are you preparing yourself for a recession? by Kaze404 on Monday March 09, 2020 @02:56PM (#22528487)
Why not government bonds? Unless your country's government crashes, you're guaranteed to have your money back.
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Re:Ask HN: How are you preparing yourself for a recession? by UncleOxidant on Monday March 09, 2020 @02:59PM (#22528529)
Good point. I do have some in US iBonds. Some of those are yielding in the 4% range but those were bought quite a while back now.
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Re:Ask HN: How are you preparing yourself for a recession? by JohnFen on Monday March 09, 2020 @03:51PM (#22529066)
> Unless your country's government crashes

To be perfectly honest, I think there's a high enough chance that this will happen (although still a low chance) that I have to take it into account in my emergency plans.

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Re:Ask HN: How are you preparing yourself for a recession? by Kaze404 on Monday March 09, 2020 @05:51PM (#22530246)
If your country collapses to the point where it can't return your bonds, your money won't be worth anything anyway :p
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Re:Ask HN: How are you preparing yourself for a recession? by richard78459 on Wednesday March 11, 2020 @07:31AM (#22544876)
Exactly. That's the problem BitCoin solves.
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Re:Ask HN: How are you preparing yourself for a recession? by Kaze404 on Wednesday March 11, 2020 @07:50AM (#22544974)
Except bitcoin is speculation, not investing.
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