Subscribe via Email:

Tuesday, February 25, 2014

Central banks in emerging markets made a mistake

Basically central bankers are Keynesian, they believe in intervention but what they never do is cool down the system. What the central banks in emerging economies missed is that they should have slowed down their economies and credit growth two years ago and taken some pain.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


Popular Posts