Marc Faber : "I strongly agree with decentralization. Generally, in small societies, democracy is more successful than in large societies. In countries like India or the United States, the federal government has become so large that they take decisions. This is different from Switzerland, where we have municipalities... Cantons with a lot of decentralized power, which I fnd very desirable..."
Nouriel Roubini: "In Bahrain water more costly than gasoline. Gasoline subsidized. Water costly as imported or produced with energy intensive desalinization".
Jim Rogers: "It is clear to me that what is going to happen is that as the US pulls back (stimulus), interest rates will go higher or stock markets will go down eventually, or both will happen. Unfortunately, when that happens, people in Washington - bureaucrats, academics, etc - are going to get scared or will panic. When people call them up and tell them that the pain is too great, they are going to relent and start printing money again ... Markets will breathe a sigh of relief, they will rally, go up for a while; but unfortunately that may then lead to the last leg of this poor market because rather than staying the course - which central banks have rarely done in the past few decades - they say everything is okay, but things will just get worse..."
adios amigos
Há 9 anos
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