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Going to Zero

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  • Going to Zero

    http://www.telegraph.co.uk/finance/c...-for-zero.html

    Roger Bootle, very smart guy, was on the BOE board before Gordon Brown pushed him out because of his "Worry" about pro-longed low rates!
    Mike

  • #2
    Re: Going to Zero

    Nice simple explanation, but written as if the quandry was 'down the road' and not right here right now.
    It's Economics vs Thermodynamics. Thermodynamics wins.

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