[Pontiac]

In essence those who lent Germany this money were willing to pay the German government for the privilege of the government holding the investor’s funds for 5 years.

If I understand this correctly you loan the government your money and get 0.08% less per year they keep it.

What kind of fool would take up a deal like this is beyond me.

[OwenKellogg]

If I understand this correctly you loan the government your money and get 0.08% less per year they keep it.

What kind of fool would take up a deal like this is beyond me.

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It takes a special kind of fool.

It takes a special kind of (collective) fool to allow governments to interfere in the free markets to create such a scenario.

[aquila48]

It’s a storage fee.