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happydayz

14,189 Posts.

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29/07/21

03:21

Post #: 54852846
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Originally posted by bang57: ↑

And they still have room to push rates lower.
We will get negative rates for all savers who keep their money in the bank , in this situation are better off to lend your money to your kids in an off set account and hope they dont run off with it. (They may also not allow 100% offset ) Interest rates will drop to 1.4% and bank fees will rise to make up the shortfall.
after this,
the shit will hit the wall and the day of reckoning will arrive,
The great reset will begin.

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Another good scary point, yes the banking sector. does anybody ever feel like it's too much and just forget about it till tomorrow. I do.
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