It’s not just in the developed world. Look at China and India. Even though the long-term prospects are strong, they might be nearing a big bump in the road. So, current circumstances worldwide are not appealing...."
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Friday, April 20, 2012
Eveillard - We Are Looking At Catastrophe Going Forward
“I’ve been in the business half a century, and I can say yes, we are looking at catastrophe going forward. As long as those people are around, and they are not just in the US, they are everywhere because they are all Neo-Keyneysians, but as long as those people are around, the money will be printed. It was true even during the first few years of the Weimar Republic, before inflation became hyperinflation.
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