you want to help your friend out you don't like to see them suffering we saw that in 2008 we saw james cramer on c n b c crying that the fed shouldn't be academic these people are suffering at bear stearns you have to save them and they feel bad they're their friends a good cocktail parties together dinner parties they're all friends and they save them but they've destroyed them and they harm them in the long term and this is what the results are here in let's look at germany which is a huge capitalist country massive export economy and let's look what has happened to them because of negative interest rates good morning from germany where low interest rates are causing germans to see more and more money retail bank deposits have hit a fresh all time high of $2.00 trillion euros despite banks starting to pass on cost of negative rates to their depositors 25 percent of deposits are subject to negative nominal interest rates despite them being punished and punished and you're going to be you know where you are destroying the village to save the village we're destroying your savings to save capit