![](https://steemitimages.com/0x0/https://d1vof77qrk4l5q.cloudfront.net/img/97c0ab1a5b6ce01d8295ddaa6eb3344a1844f5fe.jpg) German banks are charging account holders with more than €500,000 in their account negative interest rates now. Some people are happy that they have less than that and aren’t affected. But they are. First of all, it’s only a matter of time until the limit is decreased to €100,000 and below. Second of all - who has more than €500,000 in the bank? Businesses, insurances and other big institutions. Apparently German insurances paid €67 millions in negative interest last year. The pension insurance alone paid €54 million. Think about that. That’s €54 million missing from our current and future pensions. If you’re paying into the state pension system in Germany, your money basically goes straight to the central bank... 🤷🏻♀️ Plus, guess who’s gonna have to compensate for that soon? Wait for your premiums to increase next year... Maybe buy a house instead of paying into the pension system every month. Apparently the first banks in Denmark will pay _you_ if you get a mortgage with them... The world is officially upside down... <center>![Screenshot 2019-08-13 at 14.47.41.png](https://cdn.steemitimages.com/DQmc7uZdQFd1jGiqAFwxaYQfDR5eK5UbDsuA3aQBaHBxHHZ/Screenshot%202019-08-13%20at%2014.47.41.png)</center> Posted using [Partiko iOS](https://partiko.app/referral/connecteconomy)
post_id | 79,011,458 |
---|---|
author | connecteconomy |
permlink | how-negative-interest-rates-affect-you-already-now-in-europe-oplh5khr |
category | money |
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Gold and Silver Pumping right now Posted using [Partiko Android](https://partiko.app/referral/felix.herrmann)
post_id | 79,011,621 |
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author | felix.herrmann |
permlink | felix-herrmann-re-connecteconomy-how-negative-interest-rates-affect-you-already-now-in-europe-oplh5khr-20190813t125334333z |
category | money |
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Yeah this is a new trend that has already started indeed. I have been thinking about pension stuff for a long time now, and pensionfunds are SURELY not the place to rely on..that is one thing that I know for sure!
post_id | 79,011,643 |
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author | karinxxl |
permlink | re-connecteconomy-how-negative-interest-rates-affect-you-already-now-in-europe-oplh5khr-20190813t125412280z |
category | money |
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You got a 42.23% upvote from @ocdb courtesy of @connecteconomy! :) @ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 15 SBD and the equivalent amount in STEEM. Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our [Discord channel for more information.](https://discord.gg/k2Hu77b) If you like what @ocd does, consider voting for [ocd-witness through SteemConnect](steemconnect.com/sign/account-witness-vote?witness=ocd-witness&approve=1) or on the [Steemit Witnesses page.](https://steemit.com/~witnesses) :)
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permlink | re-connecteconomy-how-negative-interest-rates-affect-you-already-now-in-europe-oplh5khr-20190815t191809083z |
category | money |
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