Biotech Values

[linhdtu]

Exactly, FTalphaville has this to say about the current negative rate maintained by Central Bankers everywhere to force liquid assets (ie safe assets) into less liquid form (aka risk assets) in order to prime the economy. This form of financial repression has been going ever since the Great Recession of 08 without much success. So I'm with jbog on this one. The world is awash in excess capacity and unless that capacity disappear somehow, no amount of monetary stimulus (vs fiscal ) from CBs can revive the global economy.
A few days ago, the Bank of Denmark announced a negative rate for CD holders.http://uk.reuters.com/article/2012/07/05/denmark-rates-idUKL6E8I5A8520120705


http://ftalphaville.ft.com/blog/2012/07/10/1078071/the-negative-fear-bubble/?updatedcontent=1