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There was a time in Hongkong late eighties and early nineties. Where the banks
charge you if you deposit money with them. (In Hongkong dollars). The bigger
amount
of deposit the bigger percentage charges , as they have a table. This sound
weird but
its true.
At that time, there was rampant speculation of being long Hongkong dollar and
they are penalizing the speculators.
Hongkong is a free for all economy but don't tread on their currency or stock
index.......
richard macneil wrote:
> Have been hearing regularly about negative interest rates .How can that be?
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