Money For Nothing

But no chicks for free.

Debt

Speaking of debt… Here’s the state of the state today, folks. If you’re not one of us, if you’re the German government, for example, you can actually make money with your debt.

The German state profited from incurring more debt in the first half of this year, a newspaper report showed on Monday.

State bonds issued with negative interest rates flushed around 1.5 billion euros ($1.68 billion) into federal coffers, as total interest spending dropped from 9.7 to seven billion, the “Bild” daily reported.

German government bonds with a maturity of up to 10 years currently carry a negative interest rate, which means investors, who would traditionally expect a return on their investment, actually pay to own them.

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