Economic Tidbits


“Jyske Bank, Denmark’s third-largest bank, said recently that customers would now be able to take out a 10-year fixed-rate mortgage with an interest rate of -0.5%. Yes, you read that correctly. A bank in Denmark is offering borrowers the chance to take out mortgages at a negative interest rate, effectively meaning that it will pay customers to borrow money!” The Van Trump Report, August 21, 2019.

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