20 January, 2009

Skeptical about Government action to sort this Crisis

“Specifically central banks, or specifically the US Fed, by keeping interest rates artificially low for too long, they created a huge leverage in the system. So the people who created the problem now are in charge to bail out the system and that’s why I am very skeptical that it would work” MARC FABER

FAber is very skeptical about government action to sort this crisis.