Self-made billionaire Eric Sprott, gives his analysis on the outlook of the world economy. Sprott who is the owner of Sprott, Inc. and Sprott Asset management gives a great audio interview to King World News.
Sprott said the rise of negative interest rates is preposterous. The negative returns to investors are clearly unsustainable.
“So who’s going to buy it? Who in their right mind would be buying bonds with a negative yield? Its just so preposterous says Sprott.
You can listen to the interview from King World News.