Are negative interest rates good for bankers?

 The case for negative rates.

I am a banker and my only real product is debt.
Who can I load up with my debt products?
You’ll do.

How many of the banker’s debt products can an economy take?
Let’s find out.

At 25.30 mins you can see the super imposed private debt-to-GDP ratios.
https://www.youtube.com/watch?v=vAStZJCKmbU&list=PLmtuEaMvhDZZQLxg24CAiFgZYldtoCR-R&index=6
Economies fill up with the banker’s debt products until you get a financial crisis.
1929 – US
1991 – Japan
2008 – US, UK and Euro-zone
The PBoC saw the Chinese Minsky Moment coming and you can too by looking at the chart above.

Lower interest rates and you can squeeze a few more of the banker’s debt products into your economy.
The bankers have reached market saturation globally.
No one can take any more of their debt products.

“Go negative” the bankers
That’s why we need negative rates so we can squeeze more of the banker’s debt products into our economies.

Stolen from Sound of the Suburbs    The photo shows Joseph Safra. He was a successful banker. 

P.S.: I know what low interest rate does to people like me. It tempts to enter risky investments. Money is free and abundant, what can happen? Risk means that the investment carries a high probability of failure, and failed investments end in bankruptcy. Enough failed investments and we are dealing with a recession. Ergo, negative interest rate may lead to a temporary flareup and lasting depression.