Friday, October 28, 2016

Marc Faber : The Financial Sector is still too big

What would famed investment thinker and trenchant central bank critic Dr Marc Faber do if he were put in the top job at one of the world's big central banks?
"I would put up interest rates," he declares.
"It's not politically correct to say it, but for the social system of the Western world and for capitalism a serious recession would be desirable, because the financial sector as a percentage of the economy is still too big."
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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.

1 comment:

  1. Financial trasnaction tax!!!!!!!!!!teh algoes just front run orders with phantom liquidity!!!Force a penny on every trade that is placed!!!!!!!!!!!!!!!!!God Help Wolfgang Schauble!!!


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