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Something is Rotten in Denmark: The Rich will pay -.75% to stash away money

Rich people trying to deposit money in Danish Banks will now need to pay -.75%. With major central banks (except the US) offering negative interest rates on government bonds one must begin to wonder how long this condition can continue. Currencies be damned, stock prices be damned, common sense be damned.

WB Yeats Second Coming might provide a cautionary tale:

Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world…

…And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?

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