Am I the only person out there who's got a sickly feeling about the various traps being laid for sav...
Am I the only person out there who's got a sickly feeling about the various traps being laid for savers and investors over the next 18 months? We have probably averted an enormous global economic catastrophe, but with interest rates heading to zero and the dawn of deflation fast upon us, I sense we may have walked into some other equally huge traps. The first is an impending bull trap. With the effective nominal rate of interest for savers closing in on 0% in the US, it is clear investors are being encouraged to seek riskier assets as a source for their income. Those riskier assets al...
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