Bank of Japan institutes negative interest rates

[OC19850520]

Man Japan's economy is in a real rut.
Default is now inevitable if you ask me.

When Japan defaults, the global economy will go into a rut.

[1715679915]

1715679915

[1715679915]

1715679915

[1715679915]

1715679915

[xhomerx10]

NIRP will be coming everywhere soon, EU and Japan have it now and the ZIRP policies of the UK and the US will soon go NIRP when the economy falters.

This will also be teamed with a ban on cash so no one can escape, i.e. you have to spend your money or face it being whittled away in the bank. Stuff like Apple Pay and contactless credit cards is just the beginning.

NIRP - Negative Interest Rate Policy
ZIRP - Zero Interest Rate Policy

Stock up on Romanian AKs, ammo, potable water, TP & as many copies of Atlas Shrugged as you can lay your hands on

 Atlas Shrugged? What's that for, to put you to sleep on demand or bore your enemy to death?  That book was so bad I haven't read another book since!

[Yakamoto]

Man Japan's economy is in a real rut.
Default is now inevitable if you ask me.

When Japan defaults, the global economy will go into a rut.

The entire economy is going into a rut right now, everything is losing value and there is still more and more debt being accumulated, with less money being moved around.

If any major country defaults, with the current movement of the economy, the world economy will definitely go into a rut. Its brutal for the entire world right now.

[Pab]

Yes looks like new fashion,rates cuted with no limits
Do not believe in USA economy growth.USA economy is slowing,will be not any rates rise

 USA economy is in danger of recession,investors may swtch to Yuan

[Snorek]

It is not that unexpected. Japan economy is in stagnation, they have horrendous public debt - 2nd debt to GDP in the world
(it exceeded one quadrillion yen - US$10.46 trillion in 2013, and that is more than twice the annual gross domestic product of Japan.
No wonder they want to bring back their economy to life by making people to use their money.