crazyworld
All these assets price collapses will again hurt the banking system.
Like the 2008 bubbles crisis, this new one in preparation right now could again bankrupt the banking system everywhere.
Negatives interest rates over here in Europe have contributed already to a serious weakening of the banks by reducing some of their safe revenues. As banks tried to increase revenues, another big quantity of speculative debts have in turn be agreed upon causing the excessive rise in real estate and stocks values we witnessed so far.
Over here in Europe the interest rates being already negatives, there is for our Disneyworld central bankers, only the "helicopter money" solution remaining to fight an economic severe recession.
Just in case this severe crisis go on, it is important to verify that our bank accounts (probably assets included) over here (and values in vaults ) do not exceed the guaranty limit.
I would not rely on helicopter money to save the bank deposits (exceeding the guaranty) of (average medium class people, not the richest ones who control money printing one way or another) people having some savings
Deflation is way long overdue, but it dont happen normaly in Dysneyworld .
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March 09, 2020 at 01:19PM
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First Time Ever: Entire Yield Curve Crashes Below 1.0% - MishTalk
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