Tyler Durden Blog | Europe Enters New Year With Nearly $2 Trillion In Sub-Zero Interest Debt | Talkmarkets
Subzero sovereign debt could lead to even more usage of the negative interes rate. This is a major concern as it will increase calls for a cashless society, to prevent the depositor from pulling money from the bank once retail customers are forced to accept negative interest rates or withdrawel. That is when you will hear more screams from economists about the need for a cashless society.
Subzero sovereign debt could lead to even more usage of the negative interes rate. This is a major concern as it will increase calls for a cashless society, to prevent the depositor from pulling money from the bank once retail customers are forced to accept negative interest rates or withdrawel. That is when you will hear more screams from economists about the need for a cashless society.
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