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The World Is Upside Down, Interest Rates Are Negative
Economy
The World Is Upside Down, Interest Rates Are Negative
We can find examples of negative interest rates in countries throughout history. But these are geographically or time-isolated cases. However, today we live in a world where more and more things are turning upside down. And one of such things is the fact that negative interest rates are shifting from a deviation to a norm (for the time being only within the financial system).
They Do Not Listen, They Do Not Act
Economy
They Do Not Listen, They Do Not Act
From time to time, our media report that Slovakia has once again fallen in another competitiveness ranking. The papers write about it for a day or two, the TV stations show a few reports, opposition barks a bit, the government refuses the criticism and challenges the results. However, the topic usually does not live to see its third day in the media.