A podcast on the rise of the Swiss Franc and the road to negative interest-rates

Before Christmas I was interviewed by Share Radio on the subject of why Switzerland had introduced negative interest-rates. Those who have not followed this subject may not be aware of the range that it encompasses. For example in the middle of the past decade what was called the “Carry Trade” saw borrowers particularly in Eastern Europe (Poland, and Hungary were at the forefront) use the Swiss Franc. Why? Because back then interest-rates were much lower in Switzerland than elsewhere and after all what could go wrong……..? For more detail here is the podcast.

https://audioboom.com/boos/2746015-shaun-richards-independent-economist-who-specializes-in-monetary-economics

Also on Christmas Eve I did an analysis of the UK’ s disappointing economic growth and balance of payments numbers for the third quarter of 2014 again for Share Radio.

we.tl/Ae5hNTPhwQ

In case I do not post again before next week let me wish you all a Happy New Year.

Advertisements

2 thoughts on “A podcast on the rise of the Swiss Franc and the road to negative interest-rates

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s