Article

2014-07-07 Europe

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Posted by Anguper Hupomosing9418 2014-07-07 00:00|| || Front Page|| [11125 views ] Top

#1 Should be a good time to open a mattress store.

Posted by Thoan 2014-07-07 02:02|| 2014-07-07 02:02|| Front Page Top

#2 When taxes on interest bearing accounts is diminished due to miniscule interest rates, there is only one thing left to grab. Eating the seed corn is generally the point of no return.

Posted by Besoeker 2014-07-07 06:35|| 2014-07-07 06:35|| Front Page Top

#3 If they'd have taxed the BANKS baalnce sheet (rather than it's profits) we might have avoided the credit bubble.

However the private-marxist establishment needs exponential debt to cover up the damage their taxation policies do to the economy.

Posted by Bright Pebbles 2014-07-07 10:12|| 2014-07-07 10:12|| Front Page Top

#4 Thou shall covet - one of the principle tenets of Marxism-Socialism

Posted by Procopius2k 2014-07-07 11:05|| 2014-07-07 11:05|| Front Page Top

#5 interest on svg deposits are about 0.3%, so a tax of 0.003% wouldn't be a big deal if it allowed for a decrease in income taxes

Posted by lord garth 2014-07-07 12:05|| 2014-07-07 12:05|| Front Page Top

#6 Negative interest rates. Attempting to get savers to become spenders and, therefore, stimulate the economy. Unless the gummint adjusts required capital footings, this will reduce available bank-lending capital.

Short-term fix for a long-term problem.

Posted by Uncle Phester 2014-07-07 13:30|| 2014-07-07 13:30|| Front Page Top

#7 ~~therefore~~ thereby

Posted by Uncle Phester 2014-07-07 13:31|| 2014-07-07 13:31|| Front Page Top

#8 But bank savers are investors by proxy. Interest rates should be decided by the market i.e. the rate that balances credit and creditors.

Posted by Bright Pebbles 2014-07-07 14:25|| 2014-07-07 14:25|| Front Page Top

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