Economy 52,843 Posted December 19, 2019 Share Posted December 19, 2019 https://www.bnnbloomberg.ca/sweden-s-rate-hike-ends-subzero-experiment-in-global-test-case-1.1364841 Sweden is the first Country that has ever gone into negative rates as come out of it as the Countries Central Bank raises the official rate to 0% There's concern among some that once Countries go negative it is very difficult to come out of it but that remains speculation as a Country going from negative back to positive has never happened and is uncharted territory Most of Europe is in negative rates including Countries in the EU that use the Euro as well as some others outside the Euro such as Switzerland and Denmark both at -0.75%... Japan is also in the negative at -0.1% Nations are struggling to break free from near 0 rates as even Canada which has the highest rate in the developed world is still only 1.75% which is still absurdly low by historical standards Link to post Share on other sites More sharing options...
Miracle 14,068 Posted December 19, 2019 Share Posted December 19, 2019 Iconic Link to post Share on other sites More sharing options...
Economy 52,843 Posted December 19, 2019 Author Share Posted December 19, 2019 2 minutes ago, Miracle said: Iconic If before the great recession u told economists we'd be celebrating a rate hike to 0% man would they be shook "Best economy ever" is quaking Link to post Share on other sites More sharing options...
Magneto 13,546 Posted December 19, 2019 Share Posted December 19, 2019 11 minutes ago, Miracle said: Icönic FixedT Free my mind Link to post Share on other sites More sharing options...
Chromaticunt 5,529 Posted December 19, 2019 Share Posted December 19, 2019 Sweden we love you Link to post Share on other sites More sharing options...
Economy 52,843 Posted December 19, 2019 Author Share Posted December 19, 2019 1 minute ago, ThatBinch said: Sweden we love you Link to post Share on other sites More sharing options...
COOOK 76,406 Posted December 19, 2019 Share Posted December 19, 2019 His impact Spoiler jk jk! Link to post Share on other sites More sharing options...
hijadeputa 4,050 Posted December 19, 2019 Share Posted December 19, 2019 Yass Link to post Share on other sites More sharing options...
Economy 52,843 Posted December 19, 2019 Author Share Posted December 19, 2019 1 hour ago, COOOK said: His impact Hide contents jk jk! Link to post Share on other sites More sharing options...
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