The unintended consequences of the current artificial reduction and manipulation of interest rates and finance charges are potentially very serious
"The unintended consequences of the current artificial
reduction and manipulation of interest rates and finance charges are
potentially very serious," Sweeting explained:
"The
risk of asset price bubbles by cheap credit financing, the resolution of
leveraged carry trades and the continued preference for cheap, financed
on credit, investment in existing systems instead of productive and.
because the capital costs are no longer determined by the market
growth-enhancing investment in the creation of new facilities, many
companies are able to finance subsidized low quality. " - in Zerohedge
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
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