Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Friday, October 15, 2010
Marc Faber US Bonds May become Worthless
Dr Doom Marc Faber told the German newspaper Handelsblatt that bond yields will rise massively and U.S. government bonds could eventually become worthless as central banks worldwide , led by the Federal Reserve, keep on printing more money in an effort to boost economies, “Over the next 10 years, we won’t see any restrictive monetary policy anymore and no real interest rates above zero,” mac Faber was reported saying to the German newspaper . Bond yields will “rise massively,” Marc Faber explained.
via www.handelsblatt.com
via www.handelsblatt.com
Basel III Not Enough to Prevent Another Crisis
Oct. 14 2010 | The Basel III rules to strengthen bank capital are not enough to avoid another financial crisis, as James Turley, global chairman of Ernst & Young believes more needs to be done on the regulatory front. He makes his case to CNBC's Chloe Cho.
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