1. As an investor, would you be more likely to invest in corporate bonds or municipal government bonds, and why?

2. There are many industries that rely heavily on using high debt loans, including real estate, energy, and industrials. For example, China Ever grande Group, one of China's largest real estate developers, recently defaulted on billons of dollars of debt. Should debt load be under more scrutiny in the industries to avoid such default, and why?

 Answers both questions in paragraph format.