Friday, January 22, 2010

Marc Faber : Obama should restrict risk taking by the FED before doing it for the Banks

Chance of a Double Dip is 40%: Roach

"well practically I think what went wrong is what goes wrong with any fiat currency , it is very easy to increase the quantity of money to bailout the system and postpone the problems " says Marc Faber ...
"I think global growth is going to be anemic and I'd put a 40 percent chance on a double dip at some point in the next couple of years," says Stephen Roach, chairman, Asia of Morgan Stanley, told CNBC Friday. Marc Faber, author of the "Gloom, Doom and Boom Report" joined the discussion.
Faber Obama should restrict risk taking by the FED before doing it for the Banks

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