The Phaserl


Twilight Zone Economies

from Gold Silver Worlds:

News from the financial world becomes more bizarre every day. We are slipping over the edge into Twilight Zone Economies.

Consider a few examples:

Some European sovereign debt “pays” NEGATIVE interest rates out to ten years (Switzerland) or eight years (Denmark) in depreciating currencies that are being “printed” from nothing by compliant central banks. How is such debt an “investment?” It looks more like “hope and prayer” in our current Twilight Zone economy.

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