onsdag 25 juli 2012

David Stockman

Långrandigt men ändå läsvärt på Zerohedge om det stora centralbankspyramidspelet och dess effekter. Några klipp:
 
David: I don't think we are at the beginning of the recovery. I think we are at the end of a disastrous debt supercycle that has gone on for the last thirty or forty years
 
David: No, I would stay out of any security markets. These are unsafe markets at any speed. It's all tied together.
 
Alex: So the economy will collapse. The dollar will be okay, because we still need a medium of exchange and the dollar is the least-bad currency in the world. How does gold fit into the picture? Do you think that gold is a good asset?
David: Yes, I think that gold is a good asset. It's the only currency that anybody is going to believe in after a while.

1 kommentar:

Anonym sa...

Långt men intressant! Tack för länken. "The only thing I think you can conclude is preservation is the only thing you are about as an investor. Forget about yield. Forget about return. Just keep yourself liquid and preserve your capital..."
JL