Over $5.5 trillion in bonds are trading with negative yields. The media will tell you a dozen reason as to why Ireland, and for the love of God, Italy deserve to trade with negative yields; but none of them can see the forest through the trees like I can.
Seema Moody tries to make sense of it, but fails to grasp what it truly taking place here.
It’s the end of the world, mates.
Might I introduce you to a Mr. Devil Dog to explain the current situation we find ourselves in?
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