NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
Here is a good article on negative interest rates in Germany:
https://www.cnn.com/2019/07/29/business/deutsche-bank-ecb-negative-rates/index.html
Bottomline: Pick your poison: Recession or Negative interest rates.
It appears that Germany decided on the latter. Ironically, the recession may happen anyway. This is the reason that I believe the USA will pick the former and stop at 0.5% to zero.
Well, what if you still have recession despite negative interest rates? Two poisons will kill you for sure.