Marc Faber: "One of the reasons we have weak growth in the Western world, and in the U.S., and in Japan, is because of government interventions with fiscal policies. Spending-supported by money printing-has led to an ever-expanding government as a percent of the economy. And the bigger the government is, the slower economic growth will be. The extreme is when the government controls everything in the economy, such as under the socialist/communist planning system".
Jim Rogers: "Most central banks follow the market, and the market dictates what has to happen. In the US, interest rates have already started going up a bit, and they will continue to go higher, in my view. The US central bank will be forced to cut back its bond purchases and probably they will, and that will lead to higher interest rates. At some point, we are going to have interest rates that will affect markets though that may not happen for a while. But when it happens, central banks will panic, the US central bank will panic and then they all will again start buying bonds in order to calm down the markets. Then again, interest rates will come down for while, and there will be bubble in the market". (Imagem de Marcel Duchamp).
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Há 9 anos
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