“Soon” And “Really, Really Crazy”: Starting Up The Helicopters
by John Rubino via DollarCollapse.com,
ZeroHedge.com
Jul 14, 2016
The idea (now being pushed by a surprising number of people who ought to know better) that governments should take advantage of historically low interest rates to “invest” with borrowed money has an obvious fatal flaw. That is, accumulating even more negative or zero-rate debt will make it functionally impossible to raise rates to “normal” levels, which is to say levels where markets can once again function as mechanisms for moving savings into productive investments. It’s not a stretch to call this the end of capitalism and the beginning of a new Dark Age.
The Rest…HERE
