Throw Away Your Econ Textbooks

Posted by

“I’m going to frame my bank statement, which shows that Bankinter is paying me interest on my mortgage,” said a customer who lives in Madrid. “That’s financial history.”

The client in 2006 took out a roughly €500,000 ($530,000) home mortgage loan based on Swiss franc Libor, plus 0.5 percentage point. Since then, Swiss franc Libor has fallen far enough into negative territory to make his mortgage rate negative.

Tumbling Interest Rates in Europe Leaves Some Banks Owing Money on Loans to Borrowers (WSJ)

What's been said:

Discussions found on the web
  1. 메이저사이트 commented on Oct 31

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2015/04/14/throw-away-your-econ-textbooks/ […]

  2. 메이저공원 commented on Nov 09

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2015/04/14/throw-away-your-econ-textbooks/ […]

  3. DevOps consultants commented on Nov 18

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2015/04/14/throw-away-your-econ-textbooks/ […]

  4. Engineering commented on Dec 30

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2015/04/14/throw-away-your-econ-textbooks/ […]

  5. shrimp commented on Dec 31

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2015/04/14/throw-away-your-econ-textbooks/ […]

  6. Digital Transformation commented on Jan 16

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2015/04/14/throw-away-your-econ-textbooks/ […]

  7. judi bola commented on Jan 21

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2015/04/14/throw-away-your-econ-textbooks/ […]

HowIInvestMyMoney