"There will be pain and there will be very substantial pain. The question is do we take less pain now through austerity or risk a complete collapse of society in five to ten years’ time?
In a democracy, they’re not going to take the pain, they’re going to kick down the problems and they’re going to get bigger and bigger..."
(Marc Faber)
"After a massive bailout Wall Street bit the hand that kept it alive aggressively supporting Romney & attacking Obama, The strategy backfired." /(
Nouriel Roubini)
"I would be very careful. The next couple years we're going to have turmoil and problems in most financial markets" (
Jim Rogers)
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