Negative Interest Rates Are Destroying Our Pensions


Negative rates imposed by central banks are popping up all over the globe. They are toxic for the economy and especially so for pension plans and insurance companies. One of the first countries to embrace negative rates, Sweden, is trying to exit them.

(From Bloomberg)

With about $11.7 trillion of the world’s debt yielding less than zero, the funds that run pension plans are anticipating meager returns from the assets they manage.

Those low returns store up trouble for the future.

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