And for what it's worth,
Abenomics might still work. His problem was implementing the raise in the sales tax - not a wise move considering the policy being pursued and the savings that likely got the government. On top of that, as much as Abe tries to improve the situation domestically his issue is primarily with exports. China is definitively slowing down - http://www.bloomberg.com/news/articles/ ... since-2009
There are a lot of exogenous factors driving domestic policy at the moment.
Negative interest rates for banks; Student loans still 8%
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Re: Negative interest rates for banks; Student loans still 8
by Kane » Thu Feb 18, 2016 3:11 pm
Why...would student loans matter with NIRP?
http://www.investopedia.com/terms/n/neg ... y-nirp.asp
If Banks don't pass the cost of negative interest rates onto consumers their profit margins shrink...and they aren't. Yet.
Not sure why banks would then lower interest rates on student loans...
http://www.investopedia.com/terms/n/neg ... y-nirp.asp
If Banks don't pass the cost of negative interest rates onto consumers their profit margins shrink...and they aren't. Yet.
Not sure why banks would then lower interest rates on student loans...
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Kane - Vice President
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Re: Negative interest rates for banks; Student loans still 8
by Saz » Thu Feb 18, 2016 3:46 pm
DON'T BE A TOUGH GUY. DON'T BE A FOOL! I WILL CALL YOU LATER.
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Re: Negative interest rates for banks; Student loans still 8
by Saz » Thu Feb 18, 2016 3:46 pm
DON'T BE A TOUGH GUY. DON'T BE A FOOL! I WILL CALL YOU LATER.
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Saz - Vice President
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