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In reply to the discussion: UPDATE: Stocks tank as another recession warning surfaces [View all]blue-wave
(5,601 posts)35. Some countries have already gone negative
with interest rates.
https://en.wikipedia.org/wiki/List_of_countries_by_central_bank_interest_rates
And yes, they would discount your mortgage loan if buying a home, but you would have to pay the bank to keep money on deposit. Yes, there will be disincentive to save or invest money in certain ways to continue the growing bubble. But what a HUUUUGE bubble!
An explanation of how negative rates work:
https://www.investopedia.com/articles/investing/070915/how-negative-interest-rates-work.asp
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geniusNOT-#45, who will try every shortcut trick imaginable, may actually bully the
NCjack
Aug 2019
#7
Exactly. Volatility is the friend of the trader. Stability is his enemy.
Midnight Writer
Aug 2019
#34
That, along with a whole bunch of other issues/programs he's repealed because they were Obama's.
Frustratedlady
Aug 2019
#28
I bet Cheeto, his brood, and his accomplices have been selling short like there's no tomorrow
sandensea
Aug 2019
#25
That's just an arbitrarily made number. It's possible we're in a recession right now
ck4829
Aug 2019
#46
Markets don't like uncertainty - will there be tariffs, or no, or later, and on what?
bucolic_frolic
Aug 2019
#36
Don't worry,someone will be along soon to tell you how much it's gone up under Trump....
Bengus81
Aug 2019
#52