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It here NEGATIVE IR mortgage FINALLY get paid interest on your loans
The-Joker
Posts: 718 Forumite
The stupidity is laughable if it wasn’t really happening
The desperate measures to keep postponing the inevitable correction in the markets
https://youtu.be/-MobuO5oqTk
The desperate measures to keep postponing the inevitable correction in the markets
https://youtu.be/-MobuO5oqTk
The thing about chaos is, it's fair.
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Comments
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Have you got a reference that isn't youtube?0
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https://www.businessinsider.com.au/the-rba-is-now-considering-the-drastic-measure-of-negative-interest-rates-meaning-you-could-be-paid-to-borrow-money-from-the-bank-2019-8
Fantasy economics, even the most brainwashed would twig that there is something very very wrong with the economy if this happened on a wide scale, and they would do all sorts of irrational things that central bankers couldn`t control. Much easier to crash house prices and get some serious lending going to a new generation of mortgage borrowers, but like the music industry just accepting at the same time that the real bubble price/bonus days are over for bankers.0
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