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Chitchat RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yours

virus

virus

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

This is result of qe money printing saturating the market. To move money 3/4 of money owned by 1% should b redistributed 1/2 from the next 1% n 3/4 from the next 1%.
 
chootchiew

chootchiew

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

lifeafter41 said:
Just saw this article......
http://www.zerohedge.com/news/2016-07-26/rbs-warns-clients-may-face-negative-interest-rates

Question.....will you keep your money in the bank, if uob, ocbc, or dbs charges you an interest for keeping money inside the bank....

What are the alternatives.......
Will CPF interest holdout?
Click to expand...

Yes .provided they can proof that my money is not touch I.e. same like a safe box. It cannot be on paper but hard cash.
 
F

frenchbriefs

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

deflation is kind of like a super inflation?

how the hell does negative interest work anyway,what do they do with the money the banks confiscate?burn them as hell bank notes?
 
kryonlight

kryonlight

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

Will 70% daft & humji sinkies revolt if CPF also negative interest rates? Jialat, cannot take out some more!
 
chootchiew

chootchiew

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

kryonlight said:
Will 70% daft & humji sinkies revolt if CPF also negative interest rates? Jialat, cannot take out some more!
Click to expand...

Cannot withdraw with negative interest become owe CPF money :biggrin:
 
jw5

jw5

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

This is where bro zhihau's milo tin will come in handy. :biggrin:
 
L

lifeafter41

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

jw5 said:
This is where bro zhihau's milo tin will come in handy. :biggrin:
Click to expand...

Yes, JW5, never knew "soda piah" tin and milo tin would make a comeback in this day and age........
 
jw5

jw5

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

lifeafter41 said:
Yes, JW5, never knew "soda piah" tin and milo tin would make a comeback in this day and age........
Click to expand...

Before washing and drying our milo tins, let's make sure those banking fat cats are giving us loans with close to zero interest rates. :biggrin:
 
chootchiew

chootchiew

Alfrescian (Inf)
Asset
Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

kryonlight said:
Will 70% daft & humji sinkies revolt if CPF also negative interest rates? Jialat, cannot take out some more!
Click to expand...

Referring to the thread government officials raid my home. ..if I put all my 500k savings at home, will hey confiscate my money if there is a raid due to vaping ?
 
G

ginbitchy

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Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

chootchiew said:
Referring to the thread government officials raid my home. ..if I put all my 500k savings at home, will hey confiscate my money if there is a raid due to vaping ?
Click to expand...

Yes, and together with all your slim waist inflatable dolls.
 
H

hbk75

Alfrescian
Loyal
Re: RBS Warns Clients May Face Negative Interest Rates..pay the bank money to keep yo

u know why usa from 2008 until now cannot recover? because of easy money and low rates. banks primary job is to loan out and earn interest. if interest so low. banks would rather use the free money go buy stocks and forex. u have that stupid yellen in charge of fed reserve.
 
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