A search for “Kali Yug” or “Kali Yuga” will come up with ample links.
For some strange reason many Hindi words and Indian names are written with an “a” at the end, even though the “a” is not pronounced. Eg. Rama for Ram, Laxmana for Laxman, etc.
https://duckduckgo.com/?q=kali+yug&t=osx&ia=web
https://www.google.com/search?q=kali+yug&oq=kali+yug
F@#£&?* hell.
Slashing rates is also, that’s why
Before 2007-2008 there were never (!) negative interest rates. However, after the 2007-2008 crisis many central banks started to introduce negative key interest rates. At present, government bonds with negative yields of many trillions of dollars are traded on the market.
Let’s take a look at how this ““race to the bottom”” has evolved. The pioneer was the Danish Central Bank in July 2012, which applied a negative rate to stop the excess capital inflows due to the European debt crisis. The ECB made a negative rate in June 2014 in order to avoid deflation. In response, the Swiss National Bank had to lower the key rate to -0.25% in December 2014 in order to avoid a revaluation of the franc, which threatens the national economy (too expensive franc makes Swiss exports unprofitable). In February 2015, the Riksbank (the Central Bank of Sweden) reduced the reverse REPO rate to minus 0.1%. Also, in September 2015, the Bank of Norway reduced interest rates on bank deposits to -0.25%. The Central Bank of Japan reduced interest rates on excess reserves below zero in 2016.
The main problem - low and negative interest rates contribute to the ‘moving’ of people’s savings from the banking sector to the stock market and real estate market as well and blowing of bubbles. People usually don’t perform any fundamental analysis, but simply invest the trendy areas or even companies. As a result, the market turns out to be saturated.
Therefore, negative interest rates will soon play a cruel joke on the whole world
Haven’t heard about it. This is something new. Quite interested to know this scheme in detail.