What are negative interest rates? And are they about to happen in the UK? It's time to dive into what could happen if those negative interest rates are implemented in the UK.
I wanted to do a video called negative interest rates explained, why? because the ripple could be felt by most people. Some might not notice at all but investors like myself will find the negative interest rates as something worrying or opportunistic.
Negative interest rates might influence mortgages, spending, savings, property prices, and other things that are covered in this video.
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Chapters
00:00 Intro
02:27 Mortgages
04:50 Savings/Spending
08:21 Credit Cards/Personal Loans
09:15 Property Prices
11:15 Brexit
12:26 Dangerous Cocktail
14:45 What's happening next
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