Quotes from The Financial System Limit (book)
by, 09-09-2021 at 06:31 PM (426 Views)
This is a taster for If you're ready to find more information in regards to finance look into the webpage. what an investment manager has to say in his new book:
"Adjusted for deflation, low nominal interest rates become high real interest rates, adding to the repayment burden."
[img]file:///C:/Temp/Compressed FSL RGB small.jpg[/img]"When deflation occurs, today_s cheap borrowing .. will turn out expensive...real interest rates rise as inflation turns negative."
"Before the pandemic, the world as a whole was just over half-way to achieving Puerto Rican default conditions."
"Pricing power ... has now disappeared and this loss affects most industries."
These statements all appear in this book:
ebook9781907230776 available now , two hard cover and a paperback print editions. Paperback available now in many countries except USA and UK, hard cover editions USA 6/21/21, UK 23/8/21