Loading ...against any major trading partner that devalues officially or by any other means .Negative interest rates is a devaluation ! Its a tax on Capital.!
Its a RACE to the Bottom for Japan,China and any body else that beggars they neighbor ! The world needs to find another China that is so un developed that it can absorb capital investment safely and reward investors…The mid East would qualify if they werent so F___ing crazy religiously ..its like trying to invest in a mental institution where the inmates are in charge. Russia may be the best place to invest ! If it werent for the US Politics.
Iran is like investing with the Devils Advocate where the mentality is not business but religious and so freaky even though its needs investment development ..first you have to change their religion and thats not going to happen peacefully ./