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Bernanke: Negative interest rates are coming



That's why you have to "GOTS" , Get Out of The System - pay the taxes on your retirement accounts, and keep it out of gubmint sight.
 
The drumbeat continues. Like tilling peoples' brains for the idea, so when it is really planted it will not come as so much of a shock. Because we've been talking about it, right?

http://www.nytimes.com/2016/02/13/u...ss-the-world-heres-what-you-need-to-know.html
that was a pretty stupid article

this right here was frustrating

When initial experiments in Switzerland and Sweden didn’t result in mass withdrawals from the banking system, larger central banks in need of easier money moved gingerly in the same direction. They’ll stop when either their economies start to grow or they see more concrete evidence that negative rates are doing more harm than good.

thats because europeans rely on gov backed social welfare programs and are not nearly as cash heavy as americans; just look at our tax rates

negative interest rate......what a ****in joke
 
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