Negative interest rates in Europe

Posted by mdk2608 10 years, 6 months ago to Economics
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When I first saw this article and noticed author Adam Taggart my first thought was that this may be the long lost son of James and Cheryl Taggart then realized they are different people. Those of us who watch some of the economic trends around the world may find some of the comments in this article interesting. If you have the time, the podcast gives some additional insights into potential trends in Europe as well as the way current economic policy is hurting individuals and savings.
SOURCE URL: http://www.peakprosperity.com/podcast/85736/alasdair-macleod-all-need-know-about-negative-interest-rates?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+PeakProsperity+%28Peak+Prosperity%29


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  • Posted by straightlinelogic 10 years, 6 months ago
    The description of what the ECB is doing is informative, but it will all come to naught. The two most important points from the article are that Europe has too much debt, and some of their big banks are way over-leveraged (or geared). I don't know what snowflake starts the avalanche, but the avalanche will come.
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