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John Burns
Posted 2/19/2016 07:02 (#5121943 - in reply to #5118400)
Subject: Ultra low interest rates - the results



Pittsburg, Kansas		Negative rates will only make this problem worse. Denninger warned of this and said rates would have to be raised or pension funds would blow up. They already are.

http://www.zerohedge.com/news/2016-02-18/i-guess-its-food-stamps-40...

This story is pretty close to home for me.

A lot more of this is coming. This is just the tip of the iceberg.

John

Edited by John Burns 2/19/2016 07:03
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