Negative interest rates are unsustainable and once investors decide to stop paying for the privilege of holding government debt, a banking crisis could result, says James Grant.
Read more: http://tinyurl.com/hd8m5a8
Negative interest rates are unsustainable and once investors decide to stop paying for the privilege of holding government debt, a banking crisis could result, says James Grant.
Read more: http://tinyurl.com/hd8m5a8