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Watch the Liberal Meltdown After This Announcement (Ep 1469)

The Dan Bongino Show

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Money in a Safe Business?

Germany's biggest lenders, a dosha bank and commerce bank, have told new customers since last year to pay a zero point five % annual rate. The banks say they can no absorb the negative interest rates to e c b, european central bank charges mThe more customer deposits they have, the more they have to park with the central bank, who's charging them to keep the money. This is creating an unusual incentive where banks that usually want deposits as an inexpensive form of financing are essentially telling customers to go away.

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