The idea of trading credit for the equity you invest in may seem obvious, but there are many hurdles to overcome to make it work.
That is because the credit risk premium is higher in the long run than in the short term.
Here are four reasons why.1.
The long-term trend is bullishOn March 1, 2016, the long-run trend of the US credit markets was positive.
But the long term trend of US credit has been in decline since 2007.
This trend has been exacerbated by the Great Recession.
That’s why, for instance, the US is expected to have a $1.5 trillion credit deficit by 2021.2.
The current trend is negativeThe current trend in the US economy is negative.
It was negative at the beginning of the year and has been negative since early this year.
For instance, during March 1-20, the unemployment rate fell from 6.4% to 5.4%.
The number of unemployed has fallen from 3.2 million to 2.9 million.3.
The US has been overburdened by debtThe US government has accumulated a total of $1 trillion in unfunded liabilities since 2008.
That total exceeds the entire creditworthiness of the U.S. government.4.
The credit market is overvaluedThe current market value of US corporate debt is $1,500 per dollar.
That means that the value of the debt is roughly $1 million per dollar in nominal terms.
However, in the past five years, the price of US debt has skyrocketed.
The ratio of outstanding debt to GDP in 2016 was roughly $20 trillion.
If the market price of debt is more than twice what it was a decade ago, it would make sense for the market to discount the market value.
If that happens, the current market would value the debt at a discount of $200 billion to $300 billion, or $400 billion to about $600 billion.
In fact, if the market is willing to discount $300 million to $600 million in the next year, the difference between the market valuation of the total debt and GDP will be $200 to $400 million.
So the market will overvalue the US corporate market and the US government will undervalue it.5.
The market is undervaluing US government debt The market has not been valuing US corporate or government debt at its true market value for more than a decade.
The reason for that is because governments do not make a profit from the sale of government bonds, which they borrow for their own purposes.
In other words, the money they pay the market for government bonds is actually used for the purchase of a debt asset that they don’t own.
In order to buy the debt asset, the government has to borrow money from the market.
It can’t just borrow money to buy an asset from a private investor and sell it to the market at the market’s valuation.
The money the market pays for the debt would be the price that the market would sell the debt for, not the actual price.
The reason that the markets price for corporate debt has been so low is that the US has more debt than it needs.
For example, the Federal Reserve notes that the economy needs $3.2 trillion in debt, but it has only $1trillion in cash on hand to meet that demand.
That would be enough money to purchase $1 billion worth of bonds, but because it has $1 Trillion in debt it can’t do that.
The US could sell $1 BILLION of bonds for $1 each.
But it cannot.
It would be impossible for the government to pay a private buyer $1 to buy $1 of bonds.
Instead, it has to buy it outright.
But there is no private buyer to buy US government bonds.
So, the market has no way of pricing US government securities, and therefore, it is pricing them at a loss.
The problem is that even if the government buys bonds directly, the total market value does not reflect the value it actually pays.
The total market valuation is only $3 Trillion.
That amount is a direct reflection of the value the government pays to the markets for the bond.
The public will pay $2.5 Trillion for the bonds, and the public will be buying bonds at a much lower valuation than the total valuation.6.
The price of bonds has increasedSince 2008, the bond market has increased in value more than 50-fold.
In 2012, it was $100 billion.
This year, it jumped by nearly 1,000%.
This means that bond prices have doubled every year since 2008 and they are now at their highest level since 2005.
The increase in the value has coincided with a corresponding increase in interest rates.
That increases the risk of the bond defaulting and has a negative impact on the price investors are willing to pay.7.
The Fed will be unable to borrow to buy debtThe Fed is the central bank of the United States.
It sets interest rates