RE: RE: As a Dutch person, negative interest rates feel so wrong.
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RE: As a Dutch person, negative interest rates feel so wrong.

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I think its the sign of a broken system. Paying people to loan money just shows that they have no room to grow the economy with this system and that they're just letting it implode.

In South, Africa savers get about 5.9% and it costs around 10% to get a loan, not saying our system is the greatest by any means but it makes more sense to sort of encourage saving and not loaning.

I think a lot of investors holding negative yield bonds will eventually dump and try to put their money in precious metals and emerging markets bonds because well anything is better than no return.

I think the Western economy is going to go through some of the biggest changes with the next crisis looming and we'll all follow but emerging markets with the least debt to GDP will recover much faster and it could bring about a whole new global economy.

@chekohler: I think its the | Ecency