$17 trillion now of negative yielding debt. It never happened in world history.
It's absurd.
It's a bunch of misguided bureaucrats and academics who don't know what they're doing.
They're hoping. This has never happened in world history.
Never in world history has this happened and it's going to be a gigantic disaster for all
of us.
How does it end? Badly.
Bankruptcies.
There are many states and cities, not just in America, Germany's got cities that are in trouble.
Forget, we haven't even talked about Spain yet or Italy or some of the other places.
No, many places are going to have serious problems.
Once interest rates go back to normal, it's going to cause a lot of, lot of bankruptcies
and problems around the world.
