What will happen to the the ordinary person during the next downturn as central banks slash interest rates to zero or even negative? Alasdair answers…
With the Brexit threatening to break up the Eurozone, and US/China trade wars escalating at the top of today’s massive credit cycle, what will happen to the the ordinary person during the next downturn, as feverish central banks slash interest rates to zero or negative (ZIRP/NIRP)?
Alasdair Macleod returns to Reluctant Preppers to weigh in on the true state of the global economy, the looming prospects for an imminent Brexit from the EU, the specter of underfunded retirements at every level, and the impact of negative interest rates within a cashless society to both employers and people like you and me.
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