Let's face it, the greatest beneficiaries of low interest rates are organisations with high debt levels.... who are the organisations with the highest debt levels? yep, you guessed it....The governments of the world........To mask their ineptness they engineer low rates to the detriment of the citizen who was taught to save for a "rainy day".....The lower the interest rate per country is an invert of the debt per country........Interest for savers is a thing of the past, the govt. has robbed you of that...
