Sunday, April 10, 2016

FULL RETARD: -1% Loans in Germany

ZeroHedge just shared this very interesting article about NEGATIVE loans in Germany.


So how it goes is that, Santander Bank is offering loans to customers at 100% upfront for 2 years, and they pay back monthly installments over 24 months that ends up only costing 99%.

To all the bank telemarketers who call me constantly informing me that I am specially selected by the bank to be extended a personal loan..... just stuff it until you can offer me negative rates. (I guess I must have a really good credit rating)

If this isn't insanity, I seriously bloody hell don't know what is.


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