"Don't Go Negative," Deutsche Bank Pleads

“Don’t go negative,” pleads a Deutsche Bank U.S. Equities Research report, stating in strong if not unusually blunt terms that central bank central planners are making a serious mistake. Negative interest rates will result in “escalating the currency war” that will usher in economic “mutually assured destruction,” evoking a horrific nuclear or chemical specter. Deutsche Bank: Negative interest rates are weapons of mass destruction “The WMD are negative interest rates,” U.S. equity strategists David Bianco, Ju Wang and Winnie Nip plainly stated in the Feb. 14 report. During the lead up to the U.S. invasion of Iraq, then U.S. President…