Friday, April 19, 2013

Marc Faber : In the Economy of the cuckoo people , Everything is Possible

Marc Faber : "Everything is possible…In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within sixth months. That kind of volatility comes from expansionary monetary policies from money-printing." - in Bloomberg


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