Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
It is highly risky to go into debt even with negative interest rates in this economy. Singing how the low rates benefit debtors and discourage creditors is a fallacy. Under deflation, the creditors have the power to squeeze debtors badly while living comfortably. The game now is not financial returns but materializing your financial positions. Asset grab, baby!
by das monde on Wed Mar 16th, 2016 at 12:40:45 AM EST
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