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To: Perseverando

I’m waiting for the negative interest rates to hit. It will be like ice water being thrown on their faces. Every type of bank account will have money withdrawn in a set schedule. When that happens, their will be chaos not seen in a very long time. Imagine 1.5% being withdrawn from your savings account on a monthly basis.


2 posted on 06/08/2014 6:50:59 PM PDT by DownInFlames
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To: DownInFlames

The European Central Bank has done just that. A few days ago, tHey lowered their deposit rate from 0% to negative .1%.


5 posted on 06/08/2014 7:04:00 PM PDT by slouch-no-more
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To: DownInFlames
Every type of bank account will have money withdrawn in a set schedule.

Never gonna happen.

19 posted on 06/08/2014 7:44:34 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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