Japan did it. Of course, Sweden did it. The Swiss did it and maybe it is time for the rest of us to do it - go to 0, pass right by it and go to negative interest. That makes all the financial calculations behave funny to say the least. All the astrophysics degrees, thermodynamic engineering degrees, and theoretical maths PhD's hired by investment banks will not matter as it will produce funny financial results when negative interest rates are plugged in. Clown world might just accelerate. Have the Globalists simply decided to double down on the problem. Will they just decide to reset and say sorry? How will China feel about all that debt they owe? What is interesting is that you do this because you fear people are hoarding money. With .5% of the population actually hoarding the wealth, with it being in stocks like Google, Facebook, Amazon, Apple it is not in the populations hands. The people of this world do not own this wealth. Most people can barely get by and are saddled with debt, in the richest Western countries. Many corporations have this same debt and they will all be crushed. The people sitting on the sidelines will rub their hands gleefully as it means time to put money to work. Apple will launch is $250 billion in cash to work which will have no impact in your struggles. Perhaps you should stop betting on currencies right now and put some money into a real asset like gold.
http://www.bbc.com/news/business-32284393 https://www.zerohedge.com/news/2018-02-07/really-bad-ideas-money-rots-and-rusts
0 Comments
Leave a Reply. |
SynopsisLatest commentary on commodities, the markets and reflections on what is happening today. Archives
July 2018
Categories |