Quote from: DooMAD on June 19, 2014, 08:12:52 PM

Quote from: bitinlet on June 19, 2014, 07:41:54 PM

Quote from: BetMoose on June 19, 2014, 07:19:38 PM

I'm wondering if we'll see a negative interest rate in the U.S...

It's been at 0.25 for awhile and growth is less than expected.

http://www.tradingeconomics.com/united-states/interest-rate

I'm from the US. I believe yes, there's a very good chance we will. Hence, the thread.

It's pretty much all they can do. Lower the interest rates, raise the debt ceiling and kick the can a little further down the road to delay the inevitable. Default. If interest rates had stayed at "normal" levels, around 3% - 5%, it would have been all over by now. But instead they pretend it's not an issue and move the goalposts yet again. The spiralling debt vortex is out of control and there's no way to fix it. Enjoy life on life support.

Prognosis: Terminal

Agreed, extend and pretend. That's all they have left.