Wednesday, April 29, 2015
Chinese Markets an Accident waiting to happen
Marc Faber, editor and publisher at The Gloom, Boom & Doom Report, says China's true growth rate is a maximum of 5 percent, not 7 percent
http://video.cnbc.com/gallery/?video=3000371966
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
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Fiscal policy can be distinguished from monetary policy, fiscal discretion entirely negates the advantage of monetary commitment.
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