- 20 Sep 2019 14:35
#15034957
https://www.bloomberg.com/news/articles ... s-steps-up
Wow! It seems that this is unprecedented? How doomed is Europe's economy when the banks won't take stimulus funds? I assume that more failed UBI experiments are next. Sad!
An offer for three-year loans -- at a rate that starts at zero and could fall as low as the deposit rate, currently minus 0.5% -- was taken up by 28 banks for a total of just 3.4 billion euros ($3.8 billion), well below predictions of 20-100 billion euros.
Wow! It seems that this is unprecedented? How doomed is Europe's economy when the banks won't take stimulus funds? I assume that more failed UBI experiments are next. Sad!
Orb Team Re-Assemble!