That's interesting. In that case cash in a safe would be the better option. You still have negative carry(insurance, rent, security, etc.), not sure how that wo

That's interesting. In that case cash in a safe would be the better option. You still have negative carry(insurance, rent, security, etc.), not sure how that would compare to the negative yielding bond. Hmm, if enough did this and put it together in some vault and perhaps lent some fractional amount of this money if an appropriate opportunity presented itself you might even make money on this. I just described a working banking system. Makes me wonder how banks could even be solvent in this environment. Are they just regulated into existence. It all sounds like a house of cards at this point.