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Reply to "are traditional contributions to IRA or 401ks stupid with the impending US bond crisis?"
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[quote=Anonymous]If the US faces an insolvency crisis, I would think we’d print more money and it would result in inflation, which increases the value of most equities. Stocks are a good hedge against inflation. I’m not sure there is an alternative to investing. Perhaps diversify internationally. If the US goes down then what’s the alternative? Also be wary of relying on the media. GDP is forecasted to spike next quarter. While the media is all impending doom about the economy, that’s not really what the data, including corporate profits, are showing. [/quote]
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