Economic Collapse Update - Paying banks to hold your money, coming negative interst rates + China Economy Update
A report last week that Federal Reserve officials have discussed cutting a key interest rate has raised the once-unthinkable possibility that banks could respond by charging customers for deposits. http://www.cnbc.com/id/101231649
From Zero Hedge: http://www.zerohedge.com/news/2013-11…
A friend who once worked for the Chinese government recently returned home after several years absence, and found that all her bosses had moved to the West: Australia, Canada, etc. These were typical officials: their base salary was low but they managed to buy multiple homes, support mistresses, have upscale autos, and so on.
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Source: http://apocalypse2010.blogspot.com/2013/11/economic-collapse-update-paying-banks.html
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