The Crowd Continues To Get U.S. Treasury Bonds Wrong

The crowd continues to ignore the role of the dollar, debt, and deflation, asserts Nicholas P. Cheer in Seeking Alpha. He refers to a paper by Andreas Bergh and Magnus Henrekson, IFN: "Government Size and Growth: A Survey and Interpretation of the Evidence". Cheers writes that in this study it is "determined that as government size increases, GDP growth declines".