Tuesday, September 11, 2012

Sovereign Credit in the Western world, Are All Bankrupt

Marc Faber : “I tell you, sovereign credit in the Western world, they’re all bankrupt,”
“But before they officially go bankrupt and can’t pay, they’re going to print money and massively so. That should be very clear. That’s the easiest way politically to postpone the hour of truth.” - in ETF Daily News

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