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To: Leaning Right

So, if savings rates go negative, will mortgage rates go negative too? Banks pay you to lend you money? credit cards pay you when you have a balance?

Not a chance. But this will screw people royally who can no longer work, busted their a$$ to save, and now get a pi$$y rate of interest and will soon get none!

There will be a mass exodus from Trump land.


5 posted on 08/14/2019 7:10:36 AM PDT by I want the USA back (The further a society drifts from the truth, the more it will hate those who speak it. Orwell.)
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To: I want the USA back
Negative interest rates are being tried https://www.businessinsider.com/danish-bank-offers-mortgages-at-negative-interest-rates-2019-8
38 posted on 08/14/2019 12:28:47 PM PDT by slowhandluke (It's hard to be cynical enough in this age.)
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