Banks in Germany Tell Customers to Take Deposits Elsewhere

Banks in Germany Tell Customers to Take Deposits Elsewhere

Mar 2, 2021 | World News

Interest rates have been negative in Europe for years. But it took the flood of savings unleashed in the pandemic for banks finally to charge depositors in earnest. Germany’s biggest lenders, Deutsche Bank AG and Commerzbank AG, have told new customers since last year...
Are Negative Rates a Natural Historical Development?

Are Negative Rates a Natural Historical Development?

Aug 12, 2020 | Economic Collapse

Negative interest rates have long since become a reality. But we are not talking about negative real interest rates. This is the case when the return on an investment is lower than the officially stated inflation rate. In today’s context, negative interest rates...