a: Low interest rates ~
b: Hotel California
What:
"Kees de Kort and I almost totally agree in the matter of the future development of bond rates, as a consequence of the official interest rates, set by the central banks. Low interest rates are like 'Hotel California': you can check in any time you want, but you can never leave!"
Useful?
Writer: Ernst Labruyere
LCC:
Where:
Date: Sep 10 2015 8:06 PM
# 8582 Critique Analogy