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Ironically from what I understand in Germany the government claims the opposite is the problem: individuals save too much money. This has led to a requirement t
by sidewndr46 4y ago
Ironically from what I understand in Germany the government claims the opposite is the problem: individuals save too much money. This has led to a requirement that all bank accounts have a negative interest rate, which effectively bans saving money.
- Ancalagon 4y agoWow. That's horrible. Imagine trying to save for a home. jesus.
- propagandist 4y agoPretty sure that's not how it works for individual accounts.
- sidewndr46 4y agoExactly the point individuals have made: https://www.wsj.com/articles/banks-in-germany-tell-customers-to-take-deposits-elsewhere-11614594601 https://www.wsj.com/articles/banks-in-germany-tell-customers... > 34-year-old said, adding that he plans to use the money to buy a house before the birth of his second child this year
- hotpotamus 4y agoHistorically speaking, being miserly has often been considered unattractive.