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Falling Interest Rates / Steel Prices

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    #11
    Hopfrog,win a battle or win the war?

    You and Errol and many others will probably be able to stomp on my face for months and months and months and then it will all unravel.

    Comment

    • rkaiser
      Senior Member
      • Dec 2004
      • 2282

      #12
      Why does no one want to answer rockpile's question.

      Negative interest means that the banks will charge you rather than pay you when you deposit money; in an attempt to circulate money and stimulate the economy rather than hoard it.

      1-2 years Errol? I think not.

      http://www.zerohedge.com/news/2015-01-17/russias-modest-proposal-greece-exit-europe-and-we-will-lift-food-import-ban

      The only thing that will save the euro and the petro dollar is a war that they con people into by getting you to hate one another. Americans shot down a some key Hezbollah dudes in Syria yesterday and sent some heavy hitter American troops into the Ukraine to get things heated up.

      But then again - I am the conspiracy guy... LOL

      Comment

      • Hopperbin
        Senior Member
        • Dec 2007
        • 6562

        #13
        Buckette me and my dog are watching the rebar. Not much happenning. Still one hundred lengths there. Did cotton call me hopfrog?

        Comment

        • burnt
          Banned
          • Sep 2009
          • 3918

          #14
          Don't know when I laughed so much over a scary movie...

          Comment

          • SASKFARMER3
            Senior Member
            • Feb 2006
            • 14485

            #15
            Basically Negative interest on savings is like the one post suggests they want you to spend what ever you have in savings or they will take a cut for holding it for you. Circulate cash.
            China slipping is a worry.
            India I cant see as the next great thing.
            Brazil has issues. Argentina has issues.
            Is it 2008 all over again.

            Comment

            • Richard5
              Senior Member
              • Jan 2014
              • 469

              #16
              So make a certified cheque payable to your wife equal to your cash savings and put in the safety deposit box

              Negative interest solved!

              Comment

              • cottonpicken
                Senior Member
                • Apr 2006
                • 6993

                #17
                We ****in did rk.

                Negative interest rates and full blown sovereign debt monetization and everyones worried about the latest cop that got shot or the size of a kardashians ass.

                And some romantics with half a brain foresee a "great" awakening,where we sing kum by ya around a campfire as we enter the age of aquarius.

                But some seen debt monetization a decade or even more,ago,and i can tell you what those guys see is terrifying.

                Rk-whats the difference between big foot and chem trails? Ones a conspiracy,ones not,get it yet?

                Comment

                • SASKFARMER3
                  Senior Member
                  • Feb 2006
                  • 14485

                  #18
                  In Greece when they fell apart and tapped every one guess what the only safe place was your mattress!

                  Comment

                  • rockpile
                    Senior Member
                    • Oct 2000
                    • 879

                    #19
                    Thanks for the responses guys. Supports my view this is an oxymoron. It's got nothing to do with interest rates - it's pure theft! Thought the banking system relied heavily on saving deposits to conduct day to day business. I guess they've declared a "broken arrow", the military term not to be confused with the Travolta movie.

                    Comment

                    • rkaiser
                      Senior Member
                      • Dec 2004
                      • 2282

                      #20
                      Terrifying cotton. like terrifying enough that people who have money in banks are going to loose it?

                      There is an awakening bud and it is more about awakening to the fact that gansters run the planet and especially your "idolic" thing called money. And the only way to overcome them is either from a conscious peaceful state, not feeding their divide and conquer laugh fest, or with another group of gangsters. One keeps you sane, the other keeps you scared of your own petro dollar shadow. Get that cotton?

                      As I have said numerous times, hard to admit that you have been duped after focusing your entire life on deceptive bullshit. Kinda leaves people like yourself wondering the point all that education hey bud. Don't worry, your kind will be in demand when the global reset takes place... As long as you don't end up on lithium and you can wrap your head around the fact that all men and women were created equal and all have the same potential to be knowledgeable as well as wise.

                      Sorry I did not pick up on your explanation of negative interest. Your words are sometimes hard for my mind to comprehend - kinda like that stuff in the bi bull.

                      Comment

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