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Friday, June 7, 2013
Marc Faber : In my view, the European Economy will not suddenly recover
Marc Faber : In my view, the European economy will not suddenly recover.
It has too many structural problems. One way that the so-called "banking
crisis" could be resolved, though, is to let inflation rates rise.
Asset prices would then shoot up, and loan portfolios would be better
covered. But I do not really think that inflation is the solution.