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Mark Carney says negative interest rates ‘not an option’ for Bank of England

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    Mark Carney says negative interest rates ‘not an option’ for Bank of England

    Full story here:

    Mark Carney says negative interest rates ‘not an option’ for BoE - CityAM : CityAM

    #2
    Translation: By Christmas.

    Comment


      #3
      Japan style lost decades here we come.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        #4
        There's nothing Carnage would like more than to walk away from the UK with a £1m a year pension and knowledge he's blown up the biggest asset bubbles in history through ZIRP and QE.

        With negative interest rates he can complete the job he started.

        Buy gold, property and any other real assets.

        Comment


          #5
          Originally posted by DimPrawn View Post
          With negative interest rates he can complete the job he started.

          Buy gold, property and any other real assets.
          But not yet. Wait till the negative interest rate, when they pay you to borrow money to buy the assets.
          See You Next Tuesday

          Comment


            #6
            Originally posted by DimPrawn View Post
            There's nothing Carnage would like more than to walk away from the UK with a £1m a year pension and knowledge he's blown up the biggest asset bubbles in history through ZIRP and QE.

            With negative interest rates he can complete the job he started.

            Buy gold, property and any other real assets.
            By real assets I assume you mean tins of beans and shotgun cartridges?
            Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

            Comment


              #7
              Originally posted by Zigenare View Post
              By real assets I assume you mean tins of beans and shotgun cartridges?
              you forgot Fray Bentos pies and Spam.
              All these are probably a reasonable asset over the coming months.

              and gin..... don't forget gin.
              See You Next Tuesday

              Comment


                #8
                Originally posted by DimPrawn View Post
                There's nothing Carnage would like more than to walk away from the UK with a £1m a year pension and knowledge he's blown up the biggest asset bubbles in history through ZIRP and QE.

                With negative interest rates he can complete the job he started.

                Buy gold, property and any other real assets.
                Aw bless... you mean you haven't already stocked up,
                Down with racism. Long live miscegenation!

                Comment


                  #9
                  Originally posted by DimPrawn View Post
                  Buy gold, property and any other real assets.
                  Buy assets that are already in a bubble? There's a reason why the poor stay poor. Rich dad, poor dad. Read it. Read it now before you burn what little wealth remains in the family.

                  Did you ask yourself why pension funds are purchasing negative yielding bonds and not property assets? Gold?
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    #10
                    Originally posted by scooterscot View Post
                    Japan style lost decades here we come.
                    Japan only survived this period because of the carry trade with the rest of the world, now that everyone is doing it there will be very different consequences.

                    Originally posted by Lance View Post
                    But not yet. Wait till the negative interest rate, when they pay you to borrow money to buy the assets.
                    Will only be available to financial institutions; don't believe the stories.

                    Originally posted by scooterscot View Post
                    Buy assets that are already in a bubble? There's a reason why the poor stay poor. Rich dad, poor dad. Read it. Read it now before you burn what little wealth remains in the family.

                    Did you ask yourself why pension funds are purchasing negative yielding bonds and not property assets? Gold?
                    Astute observation.

                    Comment

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