Tuesday, October 16, 2012

Large Fiscal Deficits are Undesirable

Marc Faber : “To intervene with monetary measures is negative to start with, and right now the same goes for fiscal measures because large fiscal deficits are undesirable,” Faber said. “What is the cause of the crisis? We have too much debt. To create more debt is not solving the problem.” - in Emerging Markets interview


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