Negative interest rates are found in Japan and Europe right now. What’s ahead for American savers may be the nail in the coffin for those holding cash. There may just be a run on the cash because it’s better to hold it under the mattress, or bury it in the backyard.
After the TARP bailout of the banks by taxpayers, maybe negative interest rates may cause the final blow for those too big to fail.
This video pretty much sums up how we see it.