Mohamed El-Erian: If we were in Europe, we would ask: How long can interest rates stay negative? Think about this. Not only are you lending your money to governments, but you’re paying them interest for the privilege of doing so.
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Mohamed El-Erian: If we were in Europe, we would ask: How long can interest rates stay negative? Think about this. Not only are you lending your money to governments, but you’re paying them interest for the privilege of doing so.