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    RoxanneSchultz

    Quotes from The Financial System Limit (book)

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    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

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