World economy talk

[kagalingan]

Mukhang next five years kapa mapagastos kags ...

bibili na ko bago matapos taon or early january

bakit?

hihina ang USDPHP to 40?

pakiexplain paano mangyayari yun

the powers of quiboloy and his beautiful choir

[dr. d]

better 40 or if im pushing it eh 39pesos.
.

are you confusing the U$D with a liter of diesel?
heh heh.

[uls]

Instead of paying interest on deposits, when you're in a negative interest rate regime like the eurozone, banks charge you

Berliner Volksbank charges -0.5% interest on deposits

Negativzinsen ohne Freibetrag: Erste Bank erhebt Strafzinsen ab ,1 Euro - n-tv.de

Dass immer mehr Geldinstitute in Deutschland Strafzinsen auf die Guthaben auch ihrer Privatkunden erheben, hat sich herumgesprochen. Doch bisher traf die verharmlosend als Verwahrungsentgelt bezeichnete Belastung nur Vermögende. Damit ist nun Schluss. Eine Volksbank kassiert ab dem ersten Cent.

Noch bis vor wenigen Wochen schien das Szenario unwahrscheinlich. Nun ist der Tabubruch da. Als wohl erste Bank in Deutschland erhebt die Volksbank Raiffeisenbank Fürstenfeldbruck Strafzinsen in Höhe von 0,5 Prozent auf das Guthaben von Tagesgeldkonten. Und das schon ab 0,01 Euro, wie das Vergleichsportal Verivox berichtet.

translation:

The fact that more and more financial institutions in Germany charge interest on the credit of their private customers has spread. But so far the trivialized custody charge has only affected wealthy people. This is now over. A Volksbank cashes from the first cent.

Until just a few weeks ago, the scenario seemed unlikely. Now the taboo break is there. Volksbank Raiffeisenbank Fürstenfeldbruck is arguably the first bank in Germany to levy penalty interest of 0.5 percent on overnight money account credit. And that already from 0.01 Euro, as reported by the comparison portal Verivox.

[Monseratto]

a big no no...

In meeting with Fed's Powell, Trump protested against 'too high' interest rates | Markets Insider

[uls]

^^

and what Trump wants from the Fed, he got

Trump wanted the Fed to stop the 50B/month QT -- the Fed did

Trump wanted the Fed to cut rates -- the Fed did (3 times)

Negative interest rates coming soon to the US

[minicarph]

excited ako sobra sa negative interest rates. meron na nga ako buy list if ever it happens

[dreamur]

HP market cap is $30B. XRX can do better than that.

Just a moment...

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[uls]

today:

[dreamur]

today:

Magkano dapat ang premium sa HP uls?

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[uls]

it's weird that xerox (a smaller company) wants to buy HP (a much bigger company)

-

xerox is already willing to pay a premium ($22/share which is above HP's current share price)

-

HP's business is in decline (selling printers and ink)

Xerox's future ain't bright either as the world goes paperless

-

Xerox sounds like they're in a hurry

HP doesn't want Xerox to conduct due diligence on them

there are things both companies aren't telling the public

[Monseratto]

Groups based in the US that standardize world technologies may move to neutral countries to avoid US government regulations...


U.S.-based chip-tech group moving to Switzerland over trade curb fears - Reuters

ARM will continue to license chip architecture to Huawei after all - The Verge

[dreamur]

China announced that it would impose sanctions in some American NGOs and stop processing requests of US military ship and aircraft visit to HK. Dollar might hit 51++ tomorrow.

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[uls]

dollar index falls below 97

this is significant

[sparc179]

dollar index falls below 97

this is significant

Due to the impeachment proceedings against the orange one, Master Uls?

[uls]

dollar index lower again

[uls]

Due to the impeachment proceedings against the orange one, Master Uls?

coz the Fed isn't going to raise rates for a looong time

[uls]

i don't follow UK election

whatever is going on it's positive for GBP

[ray_noel]

i don't follow UK election

whatever is going on it's positive for GBP

Isn’t it still about the brexit bruh?


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[uls]

Isn’t it still about the brexit bruh?


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yes coz a victory by that Boris guy means brexit gets done

[uls]

i mean i just don't follow UK politics as closely as US-China trade war