That's the trillion dollar question. Everyone thinks they'll be smart enough to spot the signals and get out ahead of the crowd. Most of them will be wrong. This is building up to something huge...
She'll be right. The debt problem ill just be fixed as it has been the past couple of decades. With more debt and regulations/technologies that discourage/ban the use of cash to allow genuine savers any choice in the matter.
zero % is not good for savers. People who are about to retire, no longer receive an income from their super savings or general savings. Their savings will be eroded in no time at all. At least Australia is still in positive mode. I'm believe that the Reserve Bank will cut another .25% next Tuesday. Why? Well the AU$ is rising to nearly 80 cents against the US$ and that is not good for Australian exporters. Regards Errol43
Was I reading on here or somewhere else about large pension funds wanting to withdraw physical cash in large amounts from Swiss banks because they would rather than 0% yield than negative?
Makes me think about that gold Forward Offered Rate turning negative - WooHoo hurry buy gold. A negative rate is just a continuation of a same trend direction (10 > 7 > 4 > 1 > -4 > -7 > -10). And on its own, it says nothing. A rate of -5% in a world where prices drop 10%, means 5% extra to buy. For ex crude oil price, not exactly a small market, is now its 5 years average -66%.