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Bad plans,, bad results,,, no Atlantic trade
Money just isn't moving into and around the economy. The Central bankers lowered interest rates to force people to stop relying on interest income from banks and spend their money OR move it to risk assets to get some decent interest. THAT was the belief and the plan from the CBs. Ivory tower feces-for-brains.
"over the past 7 years central banks around the globe have gone absolutely overboard when it comes to their primary directive and have engaged every possible legal (and in the case of Europe, illegal) policy at their disposal to force consumers away from a "saving" mindset, and into purchasing risk(free) assets"
The result; "Europe's NIRP bastions, Denmark, Sweden, and Switzerland, the more negative rates are, the higher the amount of household savings!"
" As the BIS have highlighted, ultra-low rates may perversely be driving a greater propensity for consumers to save as retirement income becomes more uncertain."
Bingo: that is precisely the fatal flaw in all central planning models, one which not a single tenured economist appears capable of grasping yet which even a child could easily understand. "
"Since the middle of 2015, US investors have bought a big fat net zero of either bonds or equities (in fact, they have been net sellers of risk) and have parked all incremental cash in money-market funds instead, precisely the inert non-investment that is almost as hated by central banks as gold."
The feces-for-brains had a plan BUT, they had/have NO brain.
Durden postulates that the U.S. will definitely go to negative interest rates. Negative Rates In The U.S. Are Next: Here's Why In One Chart | Zero Hedge
America the beautiful (and the IMF) have been going around looting other countries for decades. Other countries have now gone broke and America the beautiful must loot and pillage it's own people.
The West Is Reduced To Looting Itself -- Paul Craig Roberts - PaulCraigRoberts.org
Money just isn't moving into and around the economy. The Central bankers lowered interest rates to force people to stop relying on interest income from banks and spend their money OR move it to risk assets to get some decent interest. THAT was the belief and the plan from the CBs. Ivory tower feces-for-brains.
"over the past 7 years central banks around the globe have gone absolutely overboard when it comes to their primary directive and have engaged every possible legal (and in the case of Europe, illegal) policy at their disposal to force consumers away from a "saving" mindset, and into purchasing risk(free) assets"
The result; "Europe's NIRP bastions, Denmark, Sweden, and Switzerland, the more negative rates are, the higher the amount of household savings!"
" As the BIS have highlighted, ultra-low rates may perversely be driving a greater propensity for consumers to save as retirement income becomes more uncertain."
Bingo: that is precisely the fatal flaw in all central planning models, one which not a single tenured economist appears capable of grasping yet which even a child could easily understand. "
"Since the middle of 2015, US investors have bought a big fat net zero of either bonds or equities (in fact, they have been net sellers of risk) and have parked all incremental cash in money-market funds instead, precisely the inert non-investment that is almost as hated by central banks as gold."
The feces-for-brains had a plan BUT, they had/have NO brain.
Durden postulates that the U.S. will definitely go to negative interest rates. Negative Rates In The U.S. Are Next: Here's Why In One Chart | Zero Hedge
America the beautiful (and the IMF) have been going around looting other countries for decades. Other countries have now gone broke and America the beautiful must loot and pillage it's own people.
The West Is Reduced To Looting Itself -- Paul Craig Roberts - PaulCraigRoberts.org
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