Will saving for a rainy day come back in fashion?

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FlashDangerpants
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Joined: Mon Jan 04, 2016 11:54 pm

Re: Will saving for a rainy day come back in fashion?

Post by FlashDangerpants »

Skepdick wrote: Thu May 21, 2020 4:46 pm Wow! There's billions to be made here.

South Africa's interest rate is at 7.25%

All you people with surplus cash suffering negative interest rates, come buy all of our debt and undercut our reserve bank.
That's a normal activity.
https://en.wikipedia.org/wiki/Hot_money
Although obviously 7.25% puts you behind Turkey in that queue, so good for you.
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