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This is insane!

Posted by ipso facto @ 14:03 on June 5, 2019  

My bank in Denmark just offered me a NEGATIVE rate of interest to borrow money

Yesterday I called my bank in Denmark, Nordea, and couldn’t believe what they told me…

They offered to lend me money at MINUS 0.12% for a ten-year mortgage.

In other words, the bank would PAY ME to take out a loan.

Of course, as a Sovereign Man editor, I’ve written a lot about negative interest rates. But most of these cases were always reserved for big banks or institutions.

That no longer seems to be the case…

cont. https://www.sovereignman.com/trends/my-bank-in-denmark-just-offered-me-a-negative-rate-of-interest-to-borrow-money-25233/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.