Saturday, October 15, 2011

Our restrictive regulatory policies curtail any initiative by the small businessman

Marc Faber : "We have expansionary fiscal policies, we have expansionary monetary policies but we have restrictive regulatory policies and it curtails any initiative by the small businessman and the large businessman,"

"He doesn't employ and invest capital in the U.S. He does that in China or somewhere else in the world where the regulatory environment is more favorable." - in CNBC

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