And the markets still get hammered.
I’ve had some very learned people that are high level institutional financial professionals tell me that when the hangover comes it may be worse than 2008. With the yield curve inversion, to Trump’s ill advised trade wars that he promised were “good and easy to win” to major tax increases on the American people via Trump/GOP tariffs the economic headwinds are undeniable and negative interest rates will not solve them.
The best way for the little people to prepare themselves is to get debt free.