View Single Post
Old 10-11-19, 03:52 PM   #50
mapuc
Fleet Admiral
 
Join Date: Sep 2003
Location: Denmark
Posts: 17,877
Downloads: 37
Uploads: 0


Default

Quote:
Originally Posted by Skybird View Post
If even Greece now gets away with issuing negative yielding debts, then this is a signal that somethign very serious is going terribly wrong.

Mind you, by definition, there can not be something like negative interests". By definition and meaning, interests always must and can only be positive, if they are not, then they are no interests at all, but fees, taxes, whatever you call it - but no interests.


https://www.zerohedge.com/markets/fi...-yielding-debt
Most of our banks here in Denmark have negative interest.
Those who have 750000 Danish Kroner or more, shall pay 0.75 % of what they have on their bank account.

Markus
mapuc is online   Reply With Quote