Monday, January 6, 2014

Entitlement Societies: Growth Implications



Europe in particular and increasingly the United States, have become entitlement societies and that is very negative for economic growth, private initiative and so forth. - in Bloomberg Radio

Related: SPDR S&P 500 Index ETF (SPY), Eurostoxx 50 Index


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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