Denmark sports Negative interest rates. How?

Posted by $ blarman 9 years, 8 months ago to Government
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There are two tricks involved. The first is that the Danish krone is pegged against the Euro even while not part of the EU. The second is that real estate prices have skyrocketed.

Can it last? Sure - until the EU crashes and takes Denmark with it...
SOURCE URL: http://www.bloomberg.com/news/articles/2016-06-06/denmark-land-below-zero-where-negative-interest-rates-are-normal?cmpid=BBD060616_BIZ


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