Wednesday, February 8, 2012

Marc Faber : The Chinese Economy is The biggest uncertainty

Marc Faber : My preference is asset diversification, as we don't know how much money governments will print, the size of fiscal deficits and so forth. The biggest uncertainty is what will happen to the Chinese economy. The Chinese probably can continue to muddle through, easing interest rates again to keep things up. But we're dealing with an economy driven by capital spending, which is driven by credit, which wasn't the case until 2008. - in The Barron's Roundtable


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