Treasuries as an Investment
The single most important investment in the global financial system is the U.S. Treasury Security. In my first investing class in college, I remember the professor explaining that our entire investing and financial system is built upon the premise that treasuries are the safest investment and that the U.S. always pays its debts. That statement might sound strange to those who are not a fan of the way we as a country run a deficit or to those who have paid close attention to the budget ceiling fights in recent years. Despite those factors, the premise is true, and that is why treasuries are the single most important investment in the U.S. financial system.