Interest rates should be 20%
Like Schiff said people need to save and asset bubbles need to bust so real people in real jobs earning a real wage buy real houses and other goods and services at real prices for real debt levels dictated by genuine market prices with non intervention.
At the moment many in the elite are stuck with massive debt overhangs and the governments are protecting them to protect their power position and protect revolution.
Anyone going into debt now is a madman. Interest rates will explode or markets will implode from inactivity and the revolutions will begin.
Book it, locked in now. Nothing is more certain!!
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- bail-ins & now neg. interest rates..
Interest rates should be 20%Like Schiff said people need to save...
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