[anon4this1]

The world economy has seen plenty of downturns but the whole developed world turning to negative interest rates is a new thing.

Is this a sign that the economic dogma underlying central bank decision making is not really based on anything solid but rather just follows keynesian trends of the day combined with the race to the bottom of "europe is doing it so we need to as well!"

Fortunately I hold a large bitcoin position which I believe hedges me pretty well in this situation.

[sageikosa]

They'll come for your bitcoin just like they once came for gold (if they so desire).

[TheOtherHobbes]

If it gets to that point, you might as well stock up on alcohol and chocolate for barter.

In a post-bank economy they're going to be a lot more valuable than bitcoins or PMs.