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275

Banks told to prepare for negative rates

Bank of England leaves "door ajar" for a sub-zero move and gives lenders six months to prepare their IT systems

You have been bent over, now spread them.

Banks told to prepare for negative rates Bank of England leaves "door ajar" for a sub-zero move and gives lenders six months to prepare their IT systems You have been bent over, now spread them.

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[–] • 3 pts

In Canada the 1st thing Fidel Castro’s son did when elected was pass the banker bail in program that gave the banks the power to just empty accounts any time they want to bail themselves out. As a trade for not being allowed to get bailed out by the government.