NEGATIVE

NEGATIVE
INTEREST
RATES

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You know how some banks won’t give you interest unless your money is in there the entire year? It be funny if you try to remove your money and they take a whole year of negative interest off of it

That’s why you buy commodity stocks that pay dividends like chevron and xom. You won’t be making shit in money markets or bonds

>bank interest
yeah i really give a single shit about getting 1 cent at the end of the year. I took all my money out and put it in crypto.

This pic looks like a screenshot from a video game, wtf

>yes goy, buy the stock from these companies doomed to be bankrupt for the next 2 years

That’s what you say.
Normies don’t look at numbers.

You'd be surprised how many have their money in their savings accounts.

Just wait for America getting these headlines.

Thats when the real fun begins.

Due to the plandemic, littering is more taboo, because it's like spreading germs.

Maybe bill gates just wanted to make the streets fascist again?

this sounds insane to normans, but it is becoming more and more sane. everyone will soon be guaranteed to lose money by putting their wealth in savings accounts

Banks will never charge negative interest rates to customers. Because along with these negative rates, reserve rates have been cut to zero. So your bank account is literally just digits in a database. There is no actual money backing it up, costing the bank interest.

>This pic looks like a screenshot from a video game, wtf
Maybe you've been playing to many vidya?

negative rate accounts already exist. Boomers jizz themselves at the prospect.

I have a MAcc and still don't understand this negative rate shit. Someone ELI5.

I don't think so, maybe only if you consider fees or penalties.

bank fees

UK is going to be Japan 2.0
Negative rates and deflation For decades, or at best tiny growth fuelled by being a financial center.
The central bank will buy up all the debt sooon and GBP will become a shit stable currency stuck in deflation.

The bank of england will own a shit load of assets. Wages will stop growing. Japan 2.0 just without the bubble beforehand.

At least the sticks wont crash. But they wont ever go up again either.

i heard about them in norway and denmark but they may exist other places too. And no its not fees its negative interest

We certainly have them in Denmark. Some banks charge 0,75% on amounts over €34k.

On the flipside, my mortgage is 1% for 30 years, and tou could get one at 0,5% too.

People with a lot of cash, far exceeding any government insurance of deposits, who need to park it somewhere risk free, usually do in government bonds or similar risk free assets, which now have negative interest rates so it costs them money. Its to encourage them not to park it but to take risk.

at this point NIRP is the smartest thing for governments to do

I predict there will be a brief window, before this ponzi scheme collapses, where you will basically be able to buy or refinance a house with a zero percent loan. Being able to aquire real hard assets at no risk premium (and really, its a negative premium because of real risks and inflation), is a no brainer. Many fortunes will be build in that small window. Truely a clown world scenario only possible with outrageous levels of government intervention into the real market, enriching the few in the present, at the expense of the many in the future.

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m.youtube.com/watch?v=7nFbKzt-uwE

>UK is going to be Japan 2.0
But more than 45% of the capital of Japan is Japanese?

People pay governments to loan them fiat. Simple and stupid.

europe will be first
the ECB had negative rates for 10 years already

chevron is the only safe US oil company, their balance sheet is stellar and they will weather the storm. Exxon slightly more risky, but pretty much all other US oil companies will go bankrupt yes

I don't pay banks to play with my money, Ally pays me almost 2%.

This makes more sense, but still makes more sense to sit on cash instead of losing money to me. Like if you truly have "lol fuck off money" you can build your own bank and hire security.

I have 25% of my portfolio sitting in cash rn wiating for a market dip or something on sale to buy. Any suggestions on where I Should put it?