The ECB’s imposition of negative interest rates have created an “absurd situation” in which banks don’t want to hold deposits, rages UBS CEO Sergio Ermotti, arguing that this policy is hurting social systems and savings rates.
Ermotti is not alone. … […]
Authored by Tom Luongo,
Some men just want to watch the world burn.
–The Dark Knight
Brexit has destroyed British politics. That was the goal of the EU’s non-negotiating strategy. And it has succeeded brilliantly.
Understand that the mindset of T… […]