Jim’s Rant For The Day. Why 1% Credit Card Interest Rates Across The Board?
Simon Parkes just indicated Credit Card bills are now in the mail lowering their interest rate from 20% to 1% without explanation. Why?
My bet is they know the world is on the to thievery of the Central Banks and are asking why they can lend to banks at near Zero interest and governments can only sell their government’s 10 year bonds for around 1%, so why are people being raped for 20%? The banks can no longer defend the raping of the citizens, that’s why. The banks are now running for their lives and hoping we will not destroy them!
P.S. Now's the time to screw the bankers by drawing down on your Credit Cards using the free money to load up on silver!