Swiss Economicblogs.org
Negative Consumer Financing Rates in Germany Things are increasingly upside down in the brave new centrally planned world: thanks to negative deposit rates central banks have put an explicit cost on saving, while in various instances, such as taking out a mortgage in Denmark and the Netherlands, the bank actually pays the borrower, thus rewarding living beyond one’s means. Curiously, it was just a month ago when an...
Read More »Negative Consumer Financing Rates in Germany, Soon More Negative in Switzerland?
