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Goldman Sachs say US interest rates must hit minus 6%

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Goldman Sachs say US interest rates must hit minus 6%
Mark Stapleton
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#5
20-01-2009, 02:02 AM
Peter Lemkin Wrote:Wow...someone's been drinking something good....fine whiskey, for sure...or a funny smelling cig...

What the '****' is negative interest? Zero interest [as we now are at on some arcane rates] is surreal enough...

Do tell...!!!!!:dancing2::dancing2::dancing2:

It means that the bank pays me a generous 6% and all I have to do to earn it is borrow their money. It's the financial equivalent of faster than light speed. A parallel universe, even.

I knew if I waited long enough, things would break my way.

I'm holding out for 10% though. I think I'm worth it.
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Messages In This Thread
Goldman Sachs say US interest rates must hit minus 6% - by Mark Stapleton - 19-01-2009, 08:24 PM
Goldman Sachs say US interest rates must hit minus 6% - by Mark Stapleton - 20-01-2009, 02:02 AM

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