The ECB has decided to continue to print money and leave interest rates in the negative territory. This level of unprecedented action has barely kept the EU markets alive. The Swiss National Bank has also engaged in some of their own reckless policies by taking negative interest rates and making them even further down.
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Swiss National Bank discontinues minimum exchange rate and lowers interest rate to -0.75%
Monetary policy decisions
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https://www.snb.ch/en/mmr/reference/pre_20150115/source/pre_20150115.en.pdf
Jamie McGeever on Twitter: "All Swiss government bill and bond yields out to 7 years are negative: http://t.co/b4YCVSDFu7"
https://www.ecb.europa.eu/press/pr/date/2018/html/ecb.mp180125.en.html
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Do you think countries in Europe will be the first to fall? Or is the U.S. where it will happen first?
In my opinion, because America and Europe allied
That might be the case! Let's see how it unfolds.
Murica <---
Possibly!
Hope you are feeling better. Great video as usual :)
Whatever happens we will all collapse like dominoes one after the other!
Doing well, thank you!
There's no way out of this except collapse.
Their inability to raise rates is proof that economies throughout Europe are not growing.
Definitely. They would love to increase rates but simply can't without collapsing it.