The Fed Wants to Test How Banks Would Handle Negative Rates

Prepper & Survivalism Forum

Help Support Doomsday Prepper Forums:

Maverick

Top Poster
Global Moderator
Member
Joined
Mar 8, 2013
Messages
10,653
Reaction score
26,647
Location
Washington State - between 2 mountains and a river
Not a good thought......

"As interest rates turn negative around the world, the Federal Reserve is asking banks to consider the possibility of the same happening in the U.S.

In its annual stress test for 2016, the Fed said it will assess the resilience of big banks to a number of possible situations, including one where the rate on the three-month U.S. Treasury bill stays below zero for a prolonged period."

http://www.bloomberg.com/news/artic...zero-is-bank-stress-fed-wants-to-test-in-2016
 

Rob Painless

Active Member
Joined
Dec 15, 2015
Messages
591
Reaction score
639
Location
Texas, southern panhandle
Yeah. My dad-in-law & I were talking about that today. Not good at all. I guess you also saw, the dollar nose-dived today. Well, 'nose-dived' may be a little strong. But it dropped nearly 2%. The most since March of last year.
 

Gazrok

A True Doomsday Prepper
Member
Joined
Aug 15, 2013
Messages
7,477
Reaction score
9,119
Location
Florida
I keep telling folks. Economic collapse is imminent. Definitely WILL happen, just a matter of how soon, but I think within the next 5 years, unless something drastic changes.
 

Latest posts

Top