Summary:
Europe has had near zero interest rates for 5 years and is now considering negative interest rates to help its failing economy. But could the Federal Reserve be about to lower interest rates to near zero too? [embedded content] European Central Bank is floating a ridiculous proposal to introduce “negative interest rates.” Rick Sanchez describes the economic horror that will arise. Meanwhile, the Federal Reserve intends to cut interest rates yet again. Rick Sanchez breaks down what this means about the true state of the economy.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Europe has had near zero interest rates for 5 years and is now considering negative interest rates to help its failing economy. But could the Federal Reserve be about to lower interest rates to near zero too? [embedded content] European Central Bank is floating a ridiculous proposal to introduce “negative interest rates.” Rick Sanchez describes the economic horror that will arise. Meanwhile, the Federal Reserve intends to cut interest rates yet again. Rick Sanchez breaks down what this means about the true state of the economy.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
John Quiggin writes The war to end war, still going on
New Economics Foundation writes Reclaiming our regions
New Economics Foundation writes New Economics Podcast: Why is the benefits system failing disabled people
Michael Hudson writes Jill Stein: Splitting the Pro-Imperial Vote
Europe has had near zero interest rates for 5 years and is now considering negative interest rates to help its failing economy. But could the Federal Reserve be about to lower interest rates to near zero too?
European Central Bank is floating a ridiculous proposal to introduce “negative interest rates.” Rick Sanchez describes the economic horror that will arise. Meanwhile, the Federal Reserve intends to cut interest rates yet again. Rick Sanchez breaks down what this means about the true state of the economy.