Tuesday, September 17, 2013

In India the Interest Rates to go up rather substantially

Marc Faber :  "...in India they (interest rates) would have to go up rather substantially so that real short-term interest rates would be positive. To do that it's very painful on the economy in the near-term for the next say one year,"

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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