It has been a thesis over 20 years in the making, but with every passing day, SocGen’s Albert Edwards – who first coined the term “Ice Age” to describe the state of the world in which every debt issue ends up with a negative yield as capital markets and economies collapse into a deflationary singula..
Source: https://www.zerohedge.com/news/2019-08-17/12-reasons-why-negative-rates-will-devastate-world
Financial News Disclosure 