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Re: Faber:- DOOM!
yep, sounds about right, time to look for work in hong kong or singapore! -
Re: Faber:- DOOM!
Mark Faber and Paul Volker are the ones who should be setting the economic policies for the Obama Administration. In fact, one of these two should be heading the Fed, and Bernanke should be FIRED.Comment
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Re: Faber:- DOOM!
okay maybe not vockler, no no noComment
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Re: Faber:- DOOM!
In a politically charged environment, laissez faire is the hardest policy decision of all. As Faber has been saying for months public sector interventionism is the crux of the problem. Taleb emphasizes it in a different way: prescriptive measures, applied to complex systems, yield unintended results. And yet Obama must do something. This is the tragedy. Politicians' cannot stand idly by. The quality of the decision becomes a distant second. The 100-days drumbeat is demanding a solution to a 30-year problem. The quickest wrong fix is stimulus. That's what we'll get.Comment
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Re: Faber:- DOOM!
it would take more courage to do nothing. Politicians can and should stand by idly.... Obama isnt doing this because he has to, he is doing it to get his version of america going quicker....Comment
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Re: Faber:- DOOM!
he has this right:
stimulus makes things worse and worse
we should have massive tax cuts
penalize the shareholders of these banks, leave them with the bad assetsComment
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