Now that the Chinese factory is complete (and just in time for a deadly virus outbreak), self-proclaimed “Buff Mage” Elon Musk is turning his attention to Germany, where colonies of bats and unexploded World War II bombs threaten to undermine investor confidence. (Those are not metaphors.)
These bonds are guaranteed to lose you money. So why would anyone want to own them? Perhaps you should ask yourself that. Because “you probably have exposure to these kind of bonds,” says Mark Nestmann in this month’s lead article. So how do you avoid them?