Japanese goes negative

Japanese goes negative

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Simpo Two

Original Poster:

85,867 posts

267 months

Friday 29th January 2016
quotequote all
http://money.cnn.com/2016/01/28/news/economy/bank-...

I wouldn't be surprised if we follow in 2-3 years.

We shall see!

Simpo Two

Original Poster:

85,867 posts

267 months

Saturday 30th January 2016
quotequote all
bmwmike said:
antibiotic resistance. We hear way more of the former two and far less of the latter. That alone makes me think the threat is much greater than we would be led to believe.
Nature, like the markets, has a habit of correcting itself. Jam too many people together for too long and something happens.

On the subject of unsustainability, what will happen to the many national debts around the world that constantly spiral upwards? Is the rug to brush them under infinitely large, or shall we all agree to default and start again from zero...?

Simpo Two

Original Poster:

85,867 posts

267 months

Saturday 30th January 2016
quotequote all
Bartering I guess.

And next time round perhaps 'credit' won't be allowed. When your cash runs out you go hungry. It kept people sensible for millennia.