Wednesday, August 29, 2012

Marc Faber : We have Money Counterfeiters at the Central Banks

Marc Faber on Bloomberg Radio 28 Aug 2012 " ...The facts are we have a global economy that is decelerating very rapidly , month on month here in Asia in July industrial production declined sharply , in Europe with the exception of Germany is in recession , so you can assume that the whole continent has no growth at the present time and in America considering the fiscal deficit the economy is not doing well , and in China we have a country that is at present far weaker than what the statistics have published so that is negative , on the other hand you have the money printers the counterfeiters at the central banks they're going to print money and more money and more money


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