Pay the thought one not two not three not four yes four for d. Does that make sense for d. Lets find out more well you know in the last episode we were talking about bank of america hitchhikers guide to the financial universe and there was one chart i did not get to one fact i did not get to that i wanted to get to but we ran out of time and that is point number four and thats point two percent the end of two thousand and twenty Consensus Forecast for japans ten year j. G. Over and over investors keep predicting Interest Rates are going to be higher than they ever get to additionally every year since two thousand and fourteen treasury yields have been forecasted to end each year above three percent every year they have failed to do so across the atlantic and the past six years the consensus has over predicted german bond yields by an average of one hundred basis points and the forecast for the ten year j g b the japanese Government Bond yield at the end of two thousand and twenty is a
A political game it wont happen first of all he came pain promise there are plenty of Government Programs out there data given to these low income communities theyre not used properly really what it does he keep these communities in a dependent state and unable to never able to get out if you like ms everett and say weve been beholden to the Democratic Party for a long while fifty years or more with no positive results in a year nine hundred sixty we had eighty percent superior how so ray in one nine hundred sixty during all of these races medication what is the name now we have nearly a seventy three percent single parent household rate and most Prison Inmates come from a single parent house so the Great Society to stay all those things are really ruined and more money from the government wont help in fixing a ok anything it seems to prove is that its polarizing thanks very much for joining us on our take it have you both on thank you. Thank you write that is it for now for the. Next
Pay thats not one not two not three not four yes four four d. Does that make sense for. Lets find out more well you know in the last episode we were talking about bank of america hitchhikers guide to the financial universe and there was one chart i did not get to one fact i did not get to that i wanted to get to but we ran out of time and that is point number four and thats point two percent the end of two thousand and twenty Consensus Forecast for japans ten year j g b over and over investors keep predicting Interest Rates are going to be higher than they ever get to additionally every year since two thousand and fourteen treasury yields have been forecasted to end each year above three percent every year they have failed to do so across the atlantic and the past six years the consensus has over predicted german bond yields by an average of one hundred basis points and the forecast for the ten year j g b the japanese Government Bond yield at the end of two thousand and twenty is a pit
When nothing bad has happened to japan right so why cant the world just be like japan and have no growth no no Interest Rates and you know just keep it to the last the last decade its keep racking up one up the fact is japan had a mega massive pile of savings that theyve been drawing down on for thirty years so its that huge pool of savings that has been buying all those japanese government bonds for the past thirty years the savings rate used to be close to thirty percent now its way further down because they dont have theyve already depleted their savings but we are also japan does have their kind of front runner in this this notion of the zombie corporation theyve had many zombie banks and zombie corporations that kept alive for the last thirty years so thats before i move on to my other headlines thats the last one from the bank of america you know the hitchhikers guide to the financial universe. Is their point number nine was that there are now five hundred thirty six Zombie Compa