MARC FABER SAYS EASY MONEY CAUSING ASSET BUBBLES
5 October 2009 by Cullen Roche
3 Comments
An excellent interview here from India with Marc Faber. He remains bearish on stocks though he admits that the money printing could continue to drive equities higher. He is not a buyer here. He is also increasingly concerned about a snap-back rally in stocks which could cause a substantial decline in commodities.
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Part 4:






My only comment about the easy money causing asset bubbles: no shit.
@Edna, haha.
The G7 nations voiced concern over a lower dollar harming their countries chances of a strong recovery and Geithner had to come out and say the U.S. is dedicated to a strong dollar (really? could’ve fooled us!) I cannot see how the government can continue to devalue the dollar even more in the face of a lot of foreign scruitiny.
http://www.shadowstats.com/alternate_data
http://www.ecb.int/pub/pdf/mobu/mb200909en.pdf P26
Where is the easy money I do not see a dramatic M3 supply be it in USA or EU