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I'm not registering to read full article but the other mainstream articles list curbing terrorism & crime as the main reasons. None mention the possibility of c
by mactitan 11y ago
I'm not registering to read full article but the other mainstream articles list curbing terrorism & crime as the main reasons. None mention the possibility of cash withdrawl in a negative rate environment. (Can anyone verify?)
But I find it hard to believe we'll go negative since it would destroy the money markets, & possibly pensions.
- iofj 11y agoThat's starting already: http://www.kansascity.com/news/business/article60760061.html http://www.kansascity.com/news/business/article60760061.html Man can you imagine getting a letter like this when you're 75 ? What are these people to do ?
- quickben 11y agoHaving worked in a trading company for some time, investing in anything not backed by a government, especially a retirement money, seems as a bit of a reckless idea to me.