Is This The Real Reason Putin & Xi Dislike The West?

When it comes to salary levels among world leaders, there is tremendous variation across the globe. Nobody earns as much as Singapore’s prime minister, though. U.S. President Barack Obama earns $400,000 every year, quite a distance short of Lee Hsien Loong but still very high by international standards, while Angela Merkel follows with $234,400. Russian President Vladmir Putin’s annual salary amounts to $136,000. That’s still substantially more than Xi Jinping, China’s leader, who earns just $22,000 every year.

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zerohedge.com by Tyler Durden /30th March 2015

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Australia To Start Taxing Bank Deposits

Up until now, the world's descent into the NIRPy twilight of fiat currency was a function of failing monetary policy around the globe as central bank after desperate central bank implemented negative and even more negative (in the case of Denmark some four times rapid succession) rates, hoping to make saving so prohibitive consumers would have no choice but to spend the fruits of their labor, or better yet, take out massive loans which they would never be able to repay. However, nobody said it was only central banks who could be the executioners of the world's saver class: governments are perfectly capable too.  Such as Australia's.

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zerohedge.com / 29th March 2015

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U.S. DOLLAR COLLAPSE – Federal Reserve Speech Points Towards U.S. Economic Catastrophe

U.S. DOLLAR COLLAPSE – Federal Reserve Speech Points Towards U.S. Economic Catastrophe 

U.S. Federal Reserve Chairwoman Janet Yellen testified before Congress on Tuesday after presenting her semiannual monetary policy report. 

The Federal Reserve will not hike rates for the next few Federal Open Market Committee meetings, according to Yellen’s prepared remarks. 

During the question-and-answer session, Yellen addressed a range of questions from the committee about the Fed’s structure, its inflation measurement and the movement to “audit the Fed.” Earlier this week John Williams warned that hyperinflation will begin to appear in America sometime in 2015. He noted that, though the dollar is currently strong compared to other fiat money, signs that a currency collapse is coming will begin with the sell-off of the U.S. dollar. 

It’s a known fact that the Russians and Chinese have already begun divesting themselves of dollar dependency by implementing trade agreements that completely sidestep the world’s reserve currency, but there has been no overt sign of a sell-off that might be indicative of a coming attack on our currency. 

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investmentwatchblog.com / 23rd March 2015

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