Money is cheap due to the trillions printed off, close to negative interest rates, etc....DO keep in mind the EU has been running negative interest rates for a few years, we are very, very close to negative interest rates.
Any guesses as to what happens when we go negative? Low interest and negative interest rates are the last resort....if you think low interest has punished savers and old people, you are correct.....negative will murder them...
DONT think it can’t happen here,....we are not the EU, but....
“The ECB introduced negative rates in June 2014, lowering its deposit rate to -0.1% to stimulate the economy. Describing the euro zone economy as mired in a period of “protracted” weakness, ECB chief Mario Draghi announced on Thursday a 10-basis-point cut in the deposit rate to -0.5% from its previous -0.4%.Sep 13, 2019”