equity lo entha aruchukunna...debt market is always crucial...to decide economy fate...

[dasari4kntr]

10 minutes ago, Pandubabu said:

Entana year end ki 1 year tbonds 6% antava ?

 

3 minutes ago, dasari4kntr said:

ippudu 5% …need to check the graph.. how soon it came to 5% ani…

ee speed lo aithe …pretty soon emo..

 

[Pandubabu]

3 minutes ago, dasari4kntr said:

 

ee speed lo aithe …pretty soon emo..

 

The day it becomes 7%, I am happy with 7% returns for next 5-10 years

[dasari4kntr]

Just now, Pandubabu said:

The day it becomes 7%, I am happy with 7% returns for next 5-10 years

you have treasury bills..?

[Pandubabu]

Just now, dasari4kntr said:

you have treasury bills..?

Yes annayya ,, for around 50k ,with lot maturing in the next 6 months ..

[dasari4kntr]

On 3/10/2023 at 9:01 PM, Pandubabu said:

The day it becomes 7%, I am happy with 7% returns for next 5-10 years

i dont think your t bill get 7%…

you will get constant  interest rate…at the time of purchase what was the interest rate…you get that…not the updated one..

[BommaliNinnodhala]

22 minutes ago, dasari4kntr said:

i dont think your t bill get 7%…

you will get constant  interest rate…at the time of purchase what was the interest rate…you get that…not the updated one..

One dharma sandeham — CD’s bonds FDIC insured ithe safe but country default ithe cash okkate best?  

[dasari4kntr]

Just now, BommaliNinnodhala said:

One dharma sandeham — CD’s bonds FDIC insured ithe safe but country default ithe cash okkate best?  

lol…country default aithe..nee deggara cash vunna…gun petti maree gunjuku potharu…apocalypse…

bonds are like giving loan to govt… saving accounts are cash deposits for interest rates…

they look similar but different…and treasury bonds are not insured by fdic..

[BommaliNinnodhala]

8 minutes ago, dasari4kntr said:

lol…country default aithe..nee deggara cash vunna…gun petti maree gunjuku potharu…apocalypse…

bonds are like giving loan to govt… saving accounts are cash deposits for interest rates…

they look similar but different…and treasury bonds are not insured by fdic..

Guddi lo mella ante CD’s better emo fdic insured kabatti —  bank lo cash anni gunjuku pothe day to day expenses like medicines groceries food yela man — i know it won’t happen but just asking

[dasari4kntr]

13 minutes ago, BommaliNinnodhala said:

Guddi lo mella ante CD’s better emo fdic insured kabatti —  bank lo cash anni gunjuku pothe day to day expenses like medicines groceries food yela man — i know it won’t happen but just asking

country default aithe fdic aina ekkada nunchi testundi money…?

[BommaliNinnodhala]

9 minutes ago, dasari4kntr said:

country default aithe fdic aina ekkada nunchi testundi money…?

Mari day to day things ki expenses who will provide ?  Sorry for the dumb questions

[Pandubabu]

1 hour ago, dasari4kntr said:

i dont think your t bill get 7%…

you will get constant  interest rate…at the time of purchase what was the interest rate…you get that…not the updated one..

I meant , when t bills get to 7%, I can invest portion of my rest liquid  and chill out 

[dasari4kntr]

26 minutes ago, BommaliNinnodhala said:

Mari day to day things ki expenses who will provide ?  Sorry for the dumb questions

ok..you want to save money that can be easily accessible if there is any expense...then CDs are best...

[BommaliNinnodhala]

17 minutes ago, dasari4kntr said:

ok..you want to save money that can be easily accessible if there is any expense...then CDs are best...

Chatgpt answered my question like this, this is what i was looking for

 

When a country goes into default and holds bank savings accounts or freezes all bank accounts, it can become challenging for people to access their money to purchase day-to-day items such as groceries, medicines, and food. In such situations, people may have to rely on alternative forms of payment or currency, such as cash or barter.

If the country's currency experiences hyperinflation, as can sometimes happen during a default, the value of the currency may rapidly decline, making it difficult for people to buy essential items. In this case, people may have to resort to using other currencies, such as US dollars or Euros, if they are available and accepted.

In extreme cases, people may have to rely on government-provided goods and services, such as food and healthcare, or on support from humanitarian organizations or family and friends. However, such assistance may be limited or insufficient, particularly if the crisis persists for an extended period.

It is important to note that the impact of a country defaulting on its debt can be severe and far-reaching, affecting all aspects of daily life. Therefore, it is crucial for governments, financial institutions, and citizens to take preventive measures and plan for contingencies to mitigate the risks and minimize the adverse effects of such events.