Thursday, January 27, 2011

Fear of Global Stagflation

Jan. 25 2011 | Copper, oil and silver all fall on fears of slowing growth in Europe and rising rates in Asia

Marc Faber : we have clearly a bubble in China

Marc Faber : Well, I think in the case of China, we have clearly a bubble, if we define a bubble as an economy where credit growth is very strong and where interest rates are artificially low. But, will it burst tomorrow, in three months or in three years, who knows?

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