Owen Raszkiewicz
π€ SpeakerAppearances Over Time
Podcast Appearances
So you're actually going backwards if you don't earn more than 0.7% at the moment.
So technically, Normus, we already have real negative interest rates.
You just don't think about it like that because most people forget about inflation.
I mean, hey, we're all right.
The stock market's doing all right.
The property market's going too high too fast, which is probably a massive concern for me.
Yeah, and we're doing all right.
I think if you're an investor, what you would want to watch out for is companies that are taking on a lot of debt.
Personally, you wouldn't want to be taking on a lot of debt because even though interest rates are low,
They might not stay low forever.
So they might go negative.
They might go up.
Just be mindful of that too.
So the financial institutions in summary should be fine.
The economy should be fine.
It actually should be a good thing for jobs and wages if we can get to that.
Yeah, really.
If you look at the last 100 and whatever years, we've had depressions, recessions, wars.
A couple of wars.
Yeah, some great things on Channel 10.