What exactly would constitute an economic collapse? These guys never say!
Sub 1% economic growth and rapid deflation of commodity prices.
Some economists think we’re either already on the precipice of an economic collapse or very, very close to it.
I’d posted several times in the past six months that the big banks (I work for one) already have their systems setup for negative interest rates and have tested their systems to handle it as well.
You and I may not directly see a negative interest rate, rather we may see new “deposit fees” for putting money in an account, “transfer fees” for transferring money from one account to another, whether within the same bank or between banks, and other new types of “fees.”
When you see those fees start being implemented, negative interest rates won’t be far behind. It’s all part of the grand plan to separate you and I from more of our money, and enable the government to force us to spend our money “for sake of the economy and jobs.”
Why not? They forced Obamacare on us! This is all just th next logical step in central management and planning of our economy!!L