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Old 27 June 2016, 05:52 PM
TallGeekyGirl's Avatar
TallGeekyGirl TallGeekyGirl is offline
 
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United Kingdom Brits might start hoarding cash like it's the end of the world

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Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s third-biggest insurer.

http://mashable.com/2016/06/27/brexit-cash-vaults/
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  #2  
Old 28 June 2016, 01:28 AM
Steve Steve is offline
 
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Weird. Whoever wrote the mashable headline didn't understand the article. It isn't about British people hoarding cash; it's about Germans hoarding cash because they're own bonds are more popular after the vote.
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Old 28 June 2016, 01:32 AM
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Beachlife! Beachlife! is offline
 
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They also don't understand the end of the world. Cash is the last thing people would be hoarding.
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Old 28 June 2016, 01:34 AM
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ganzfeld ganzfeld is offline
 
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It's really not about people hoarding cash at all. It's about investment companies storing cash as an investment (and the guy who said it happened to be working for a German company).
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