‘It’s theft’: RT’s Keiser Report unearths ugly truth about negative yield bonds


RT has the article ‘It’s theft’: RT’s Keiser Report unearths ugly truth about negative yield bonds.


Here is something you definitely do not want to see. This left one thing unexplained, and that is how do banks make money on negative interest rate mortgages. After thinking about it for a while, I figured it out. Here is a clue, negative interest rate mortgages make money in the same way that liar loan mortgages made money for the banks. With liar loans, the banks didn’t expect people to pay back any of the principle on the loan, and they still made lots of money (for a while). The bank executives made lots of money that they got to keep even after the crash.

I’ll forgive Max and Stacey for the 1% nonsense to that goes with their 99% sense. (The obvious nonsense has to do with Greece).

Well, here is another small tad of nonsense.

Here is something you definitely do not want to see. This left one thing unexplained, and that is how do banks make money on negative interest rate mortgages. After thinking about it for a wqhile, I figured it out. Here is a clue, negative interest rate mortgages make money in the same way that liar loan mortgages made money for the banks. With liar loans, the banks didn’t expect people to pay back any of the principle on the loan, and they still made lots of money (for a while). The bank executives made lots of money that they got to keep even after the crash.

I’ll forgive Max and Stacey for the 1% nonsense to that goes with their 99% sense. (The obvious nonsense has to do with Greece).

Max and Stacey seem to have forgotten that in the USA, long before the housing bubble started to inflate, the standard financial advice for mortgage borrowers to take out a mortgage that was 250% larger than their annual take-home pay. That’s not so far off from where the Danes are sitting now. Considering that the Danes pay much higher income tax, maybe they are not out of line at all.

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