Bill Gross: Negative Interest Rates – Sunshine, Lollipops And… Credit

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Negative Interest Rates – Sunshine, Lollipops And… Credit by Bill Gross, Janus Capital Our Sun – a rather tiny star in the galaxial scheme of things – seems inexhaustible. But 5 billion years from now, it will swallow, instead of nurture the Earth as it burns itself out – first contracting, then expanding like a flaming candle turned firecracker. Not to worry though. We won’t be around. It’s not that we are beyond worrying; it’s that our lives are much shorter and we needn’t think much about it. In the nearer term, there is global warming/climate change, and other such…

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