Alors que l'économie américaine a repris sa croissance et que la Federal Reserve envisage une normalisation des taux d'intérêt, une rafale de statistiques et prévisions émanant du FMI et de la Banque Centrale Européenne (BCE) nous confronten

The unthinkable has happened – we are entering a period of negative interest rates. This startling situation began last year, when the ECB applied negative interest rates to the deposits that were placed with it.

Opnieuw valt er een slachtoffer van de tomeloze geldcreatie door de Europese Centrale Bank met het faillissement van de Oostenrijkse Heta-bank.

If we still needed just one final proof that the eurozone has gone into deflation, in other words into a situation of falling prices and more or less zero growth, we now have it. On 5 June, the ECB may cut the interest rate on its deposits so much that they become negative.