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To: Jack Hydrazine
How can they go any lower???

How can it go below ZERO?

We will have to start paying banks to keep our money in savings accounts and CDs.


8 posted on 01/03/2015 6:45:51 AM PST by Iron Munro (Conservative Epitaph: Don't Cry For Me , You Still Have Two More Years Of Obama)
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To: Iron Munro

We will have to start paying banks to keep our money in savings accounts and CDs.

EU banks have already started charging people for saving money with negative interest rates. Reminds me of storage costs for gold.


9 posted on 01/03/2015 6:49:27 AM PST by doosee (Captain, we are approaching a new level of Hell.)
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To: Iron Munro

“How can it go below ZERO?”

Germany and Switzerland already have negative rates.


17 posted on 01/03/2015 8:00:25 AM PST by DaxtonBrown (http://www.futurnamics.com/reid.php)
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