Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "🔴 Multiple bubbles pricked by same pin - Ep 541" video.

Wouldn't that make Trump's Baby Boomer supporters angry? Baby Boomers rely on their saving accounts to pay them a annual return. If interest rates goes into negative territory, you will be charged the negative interest rate per year. So, if rates moved to -2%, you will lose 2% of your balance per year, and it will compound every year at 2%. In year one if you had $50,000, you will have $49,000 after a year, and next year you will have $48,020 in year two, and in year three you will have $47,059.60. The longer you keep your money in the bank, the poorer you get. In addition to that, this coronavirus will affect Trump's boomer supporters, because it will be fatal to people in that age group.
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@twincherry4958 All I know is that this stock market bubble will pop, and a lot retirees are going to get hurt.
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@twincherry4958 Old people are going to get hurt financially, and if they get this virus they have a 8 to 15% chance of dying from it.
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Truth Tlooooth doesn't understand basic mathematics. He doesn't understand how a negative % rates work.
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@twincherry4958 It was the Baby Boomers who are Trump's core supporters. Negative interest rates will hurt retirees. If their investments don't pan on, I guess they will have to go back into the work force. Imaging 66 and 75 year old people heading back to work.
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@twincherry4958 Less and less people who are 65 and over are able to retire these days.
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I think Trump is going to get a heart attack. He will tell Mr. Powell to lower it to negative -2%. LOL
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