As society moves away from cash to paying for everything digitally, debt straddled governments are moving interest rates into negative territory. Essentially, this is a brazen tax being levied onto the public–to better perpetuate a false sense of stability in government balance sheets. By charging you to borrow your money, basic laws of nature and decency are are being egregiously discarded and burned at the altar of the banks. Eventually, the world spits out the crooked and the corrupt and replaces them with newer, less belligerent, forms of crooked and corrupt gentlemen. This is how the world has worked for thousands of years–yet we still have never landed on the moon.
At the present, more than $5.5 trillion in government bonds are trading with a negative yield. Theoretically, the more governments borrow, the more they make!
How splendid.
This is a very depraved and sordid scandal in the making that will end up with people in the streets with kerosine lanterns and pitched forks.
Here is a list of nations with negative 2yr bond yields, as well as nations approaching negative territory.
Austria -0.41% (85% debt/gdp)
Belgium -0.39% (106% debt/gdp)
Czech -0.09% (41% debt/gdp)
Denmark -0.21% (45% debt/gdp)
Finland -0.41% (59% debt/gdp)
France -0.38% (95% debt/gdp)
Germany -0.48% (75% debt/gdp)
Ireland -0.26% (110% debt/gdp)
Italy 0.01% (132% debt/gdp)
Japan -0.11% (230% debt/gdp)
Netherlands -0.44% (69% debt/gdp)
Slovakia 0.01% (54% debt/gdp)
Spain 0.01% (98% debt/gdp)
Sweden -0.55% (44% debt/gdp)
Switzerland -0.94% (up to 15yr durations now trading with negative yields) (34% debt/gdp)
United States 0.77% (102% debt/gdp)
The only nations with government budget surpluses were Denmark and Germany, with Switzerland coming in at -0.10%. Everyone else is spending more than they’re taking in–like sailors of the drunken varietal.
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Fuck it. Just buy stocks. All of you mopes seem to like doing this. Buy MOAR!! Damn the rates.
Here is the question I am trying to figure out, maybe Fly can help she’d some light. Why wouldn’t one lever up and short these negative yielding bonds, until the rapture hits these countries? you literally get paid to wait for the second coming…i guess the only objection to that would have to do with their actual spreads in the market discounting the negative yields right…?
Yields are going lower.
Lolz japan. You eat some of the most disgusting creatures on earth to boot
Three words. Jerry Falwell Jr. Look into it. Trump 2016. This endorsement matters. It is not about religion it is about business and saving this shithole we call America. If trading the news is in your skill set?
Generic question for the Ibankcoin army. Not the Senor Fly.
This is in my neck of the woods…..and it’s true. Peeps are just trying to beat the hillary and Jerry has a flock that runs deep.
Indeed moosh. A religious college gets it. That really matters man. There are no fucking jobs for Americans. Something must change. The media and the tape is clueless. The factories are coming back.
Conspiracy theory on negs might be a vacuum for government sustainability into collapse. At the very least is a soft bail in. On the general level of course, reflects the pa the tic toilet bowl of debt grasping and pretend normalcy