Wednesday, September 23, 2015
These Central Banks Policies are a living Disaster
Trade and current account deficits are symptoms of over-consumption . The currency goes down and the consequence is people consume less .Everyone says they have to depreciate so exports can pick up , but exports to whom ? The customers are dead or about to go dead . I really think that these central banks policies are a living disaster " - via asianinvestor.net
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.
Posted by Nicole Bourbaki