Quote:
Originally Posted by GFED
Quit watching FOX news. They are owned by Wall street.
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Sure but the good news is Marc Faber ain't.
Sadly with negative rates, even though they wont impact people straight away, eventually as they go further into negative territory they will cut into savings and the people who get the hurt the most are pensioners. It's always old people and pensioners who have no clue about the current markets etc etc who get killed by this kind of thing - if they haven't been already with zero rates.