soros-if g20 fails global depression ahead..!!, page-7

  1. 14,170 Posts.
    lightbulb Created with Sketch. 118
    this may seem a bit simplistic but there seem to be two camps out there

    those who think they can control the ups and downs in the cycle and those that can't

    the "we can do nothing" types reckon the central bank controls and government spending don't work, in fact if anything they make things worse.

    by lowering interest rates and spending all it does is create excess liquidity and economies go from one bubble to next

    soros, faber and rogers are firmly in this camp

    soros says if the G20 doesn't work we will have a depression

    I would say that he has virtually worked out that the G20 won't work and that we will have a Great Depression

    hope he is wrong

    I reckon there is enough excess liquidity in the system now to halt it

    the next question is where will the next bubble form

    Probably in food
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.