Jetson E, two questions,
First, do you suppose C919 will send passengers to soft-coded deliberate death?
Second, I do not know where you stand, and therefore nothing personal, but am looking forward to your insight-sharing on this very lovely afternoon, another question,
Besides cretins, are there other general groupings not merit-ing wastrel-labelling believing that team USA can withstand genuine Quantitative Tightening and enjoy a ride into normal monetary space ?
Related question, call it number three, can more debt cure too much debt, if debt trades at sub-zero yield for sustained and extended duration?
bloomberg.com
The World Better Get Used to Negative RatesThey’re the only way to bring down excessive debt levels that have grown too large to be managed. Satyajit DasMarch 30, 2019, 8:00 AM GMT+8 Today, around $10 trillion of bonds are trading at negative yields, mainly in Europe and Japan. In the next recession, U.S. interest rates, too, may enter negative territory: Short-term rates are currently running around 2.5 percent, and cuts of between 3 percent and 5 percent are commonly needed to restart economic activity. In markets where rates are even lower or already negative, rates will need to go deeply into into the red.
Negative real rates refer to returns below inflation. Negative nominal yields involve a guaranteed loss of capital invested. In other words, if an investor places a deposit with a bank, she will receive at maturity an amount less than the original investment. In the case of bonds, negative yields mean that investors lose the difference between the price paid and the face value. |