Saturday, January 30, 2016
The Central Bankers Policies have been a complete Failure over the last 20 Years
Faber said that central bankers' policies had been a "complete failure" and that pledges to extend stimulus measures would not work.
"Their policies have been a complete failure over the last 20 years and now the same people are desperate because gradually their losing their prestige and credibility and they're doubling up on medicine that hasn't worked and it won't work as long as the central bankers that we have now are in power the economies in the world will go down and not recover," he said.
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