Marc Faber : Well I mean we have not seen ( a sharp slide in GDP figures in china ) as reported by the government but we have seen it in the stock market and a lot of Chinese stocks are down 70 percent not from the peak in 2007 but from the peak this year or last year so we had actually a big decline in the stock market and if I have to make let's say a bet 'who do i believe' the stock market or the government officials and i bet on the stock market - in Bloomberg Radio Interview 26 Nov 2011
Click Here to watch the full Interview >>>>>>
Monday, November 28, 2011
Marc Faber : The Euro to weaken & the Dollar to strengthen in the near term
Marc Faber : Yes we have a lot of problems in the US but near term we have less problems than in the European Union so in a way I think that for the time being the dollar will be perceived as a relatively good currency and in particular i think the dollar will appreciate against currencies of emerging economies - in Bloomberg Radio Interview 26 Nov 2011
Subscribe to:
Posts (Atom)
LinkWithin
