Wednesday, February 3, 2010

Memorialsbrother At A Wedding

interview with Marc Faber and Max Otte on the causes and consequences of the financial crisis

interview about the causes and consequences of the financial crisis. Topics:
* expansionary monetary policy (credit growth) as a cause of blistering
* the irresponsibility and stupidity of governments and central banks
* impending high inflation
* uncertainty of government bonds
* social upheavals and revolutions
* threat of national bankruptcy


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