The US is near to joining the ever growing world of negative interest-rates
by Shaun Richards Sometimes a piece of news comes with a splash of deja vu … Read more
interest
Dow notches best quarter since 1987, a rebound helped by low interest rates and government stimulus amid COVID-19
Dow Jones industrial average posted its strongest quarter since 1987 after surging 17.8% in the … Read more
SHUT DOWN THE ECONOMY THEN CHARGE THEN 18% INTEREST RATES ON LATE PROPERTY TAX PAYMENTS? WHAT COULD POSSIBLY GO WRONG?
Property tax ‘loansharking’ will make middle class flee NYC: pols. Several city lawmakers revolted during … Read more
Negative-Interest Rate Champion Bank of France Now Frets About Ballooning Corporate Debt
Central-Bank Forked-Tongue Syndrome. By Nick Corbishley, for WOLF STREET: All over the world, corporations have taken on … Read more
Negative Interest-Rates cannot stop negative household credit growth in the UK
by Shaun Richards This morning has opened with something which feels like it is becoming … Read more
High interest savings accounts seem to be dropping fast. Some comparison stats
by akwilliamson I opened a high interest savings account last year with Ally and have … Read more
I wonder who helped stoke that inequality for the last 20 yrs? How much to consumers have to save now with interest rates permanently 1% or less?
pic.twitter.com/VtsHn4gmpz — M/I_Investments (@MI_Investments) May 29, 2020 Is $74 trillion of global nonfinancial corporate debt … Read more
Negative interest rates. I loan you $1.00 and you give me back $0.99. I loan you $0.99 and you give me back $0.98. Why would anyone do this? Looking for serious answers.
Negative interest rates. I loan you $1.00 and you give me back $0.99. I loan … Read more
“Fed speakers have been united in the past few days, coming out against negative interest rates …It has not worked in Japan. It has not worked in Europe. I’m pleased that Powell said it will not happen”
"Fed speakers have been united in the past few days, coming out against negative interest … Read more
What Powell said About Negative Interest Rates, Their Effect on Banks, Jawboning, and Why the Fed Might Not Buy a Lot of Junk Bonds
The reasons behind the Fed’s No-NIRP stance: It doesn’t work and kills bank stocks. One … Read more
Debt Matters:The long term cost of all the debt (US $5T–>$25T since ’00) is HUGE, it’s not costless. Interest rates are already at 5,000 yr lows and will need to stay there for decades. That means the primary safe way to retire – live off interest income of savings, is GONE
The reason interest rates are at 5,000 yr lows is due to the existing massive … Read more
Trump Praises “Benefits” Of Negative Interest Rates, Pushes US To Accept (Too Bad Elderly American Savers & Non-Adult Citizens!)
(by Half Dollar) I guess I’ve gotta make some people mad again. So be it. President Trump … Read more
Negative Interest-Rates are arriving in the United States
by Shaun Richards Today brings into focus a subject we find ourselves returning to time … Read more
Negative interest rates are coming to the US, a CIO overseeing $270 billion says
Negative interest rates are coming to the US, a CIO overseeing $270 billion says t.co/4T4nyfNTEw … Read more
The Bank of England sets interest-rates for the banks and QE to keep debt costs low
by Shaun Richards This morning has seen a change to Bank of England practice which … Read more
Payday lenders are gouging needy people, Charging Up to 780% Interest Amid virus Panic
Are Charging Up to 780% Interest Amid Coronavirus Panic: should be jailed for that! www.vice.com/en_ca/article/5dmnex/payday-lenders-are-charging-up-to-780-interest-amid-coronavirus-panic … Read more