Tyler Durden: "We continue to expect a deterioration in the political and economic climate in the euro area, and for this lend support to the dollar. Yet, we were early in our timing and the technical condition warns that further dollar weakness is likely to be seen first. Already, before the weekend, the dollar slipped to new lows for the year against the Swiss franc, for example..."
Marc Faber: "One day this whole credit bubble will be deflated very badly - you are going to experience a complete implosion of all asset prices and the credit system - but as to when -I don't know... One advanced sign of the cracks in the system are already evident. A dollar of additional credit in the system created significant economic growth, but these days an additional dollar has very little impact. That is a sign that we have reached the end of monetary policy. Another indication is when the US government has to issue treasuries to pay the interest on its maturing debt. That will be the end game - then you are dealing with a collapse in the currency..."
Robert Kiyosaki : "Be careful of retirement plans. Often they tend to be ‘savings plans’ more than they are ‘investing plans’. Saving does not create wealth".
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Há 9 anos
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