Post# 1565367463

9-Aug-2019 10:17 pm


Interest on money? What interest?

As if recently some Government bonds going negative in interest rate weren't enough, which basically means you are paying the government to stow away your money -- today's news is that a Danish bank offering -0.5% interest rate for a 10 year mortgage on property purchases. That's negative point five.

Looks like with so much money floating around, people rather are now paying money to get rid of money.

9-Aug-2019 10:17 pm

Published
9-Aug-2019