A recurring theme of recent issues of this report has been that asset markets will remain extremely volatile. There is a tug-of-war between U.S. economic policy makers - notably, the Fed - who wish to support asset markets in order to stimulate consumption, and the private sector, which is tightening lending standards and bringing about slower credit growth and an economic downturn.
April 18th, 2008 | Marc Faber | 0 comments | ContinuedAll Posts Tagged With: "global economic growth"
China Added More to Global Economic Growth in 2007 than the United States
“China added more to global economic growth in 2007 than the United States. That’s the first time a country other than the U.S. pulled the bulk of the global economic sled since at least the ’30s.”
February 14th, 2008 | Bill Bonner | 1 comment | Continued