Germans “Lose Faith In Banks”, Rush To Buy Safes
by Tyler Durden
ZeroHedge.com
Aug 29, 2016
First Japan, now German savers are leaving the “security” of savings banks for the true safety of paper cash parked inside home safes, where the central bank’s negative rates can never reach. As a result safes across Germany are selling out as German savers finally “lose faith in banks.”
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