Friday, January 29, 2016

File This Under Signs of the Apocalypse

Bank of Japan charging people to hold their money.

In a related story, corporations are holding trillions in cash. Apple alone holds 1/5 of its stock price in cash.

I start to hoard cash when I don't see a lot of income coming down the pipe. Or, when I've got nothing I want to spend it on. Neither are good signs for corporations.

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