Presenting The NIRP Club

thatguy · Jul 18, 2012

http://www.zerohedge.com/news/presenting-nirp-club

If Krugman is to be believed, the state of global sovereign nation balance sheets must be excellent as there are now 12 major nations with 2Y interest rates below 1.00% with 4 of those nations having joined the Negative-Interest-Rate-Policy (NIRP) club.

Canada, Sweden, USA, UK, Japan, France, Austria, and Finland are all currently below 1.00%

Holland, Germany, Denmark, and Switzerland are all currently negative.
Click to expand...

Only a matter of time for Australia?

Belgium just went negative also... -0,016%

Sudden Debt said:

Belgium just went negative also... -0,016%

EVERYBODY OVER HERE THINKS IT'S BECAUSE WE'RE THATE GOOD!!!

yesterday our debt crossed the 100% mark and nobody seemed to have noticed that one...

I think it's time to head off to the bunkers because we're going to have the first deflation neutron bomb and in 4 months the inflation hydrogen bomb.
Click to expand...

mmm... just keep stacking... just keep stacking...

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Presenting The NIRP Club

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