This article is in Dutch. The gist of it is that while improving their infrastructure, the Rabobank also added the requirement for their systems to be able to handle negative interest rates on savings of their clients. At the same time they try to reassure the reader that the odds of that happening is negligible. Makes me wonder then why they are spending money to make it possible.
We’re living in crazy times, I’m getting the feeling that anything can happen these days. Quantitative Easing, massive devaluations (Deutsche Bank expects EUR/USD to reach 0.85 in 2017), the issue with Greece, zero and even negative interest rate policies, collapse of the oil market, the civil war in Ukraine… Any combination of these may seriously destabilise our economies and cause things like bank runs, capital controls and shameless theft of private property by governments and/or banks.
I now consider my modest stash of MaidSafeCoins to be my most valuable material possession. Most other things can be taken from me relatively easily (like my place), or become worthless in a matter of weeks (my fiat currency).