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Saturday, March 5, 2011

Japan Will Have To Monetize The Debt

Marc Faber : “If I look at the next 5 to 10 years, the interest payments on the government debt in Japan and the fiscal deficits will become very burdensome and that will necessitate monetization. That will bring about a huge shift of money out of cash and bonds into equities.” - in Bloomberg
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
MARC FABER BLOG

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