We have artificially low interest rates, and again they produce some undesired effects and create bubbles somewhere, we don`t know yet exactly in what sector. But very clearly when you have artificially low interest rates you have a misallocation of capital like is happening in China.
in FT.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.