Train wreck on 06 June 2012
want to, Guess I'm talking about the world low rate environment we are in.
By leaving interest rates in most of the developed world at record lows, its pretty much worthless to save your money so you are left to spend it or invest it. The Japanese tried this experiment first after their market and property bubble crashed in 1989 and they have yet to recover, wondering why other governments of the world are thinking this time around will be different.
