Checkout this CNBC interview. Yesterday I asked if Bernanke was Smoking Crack-sorry I'm not a little more professional with my wording. I also talked about inflation as you saw in an earlier post and the epidemic of food riots and regimes being overthrown. It seems Marc Faber would take it a few notches past me. Here in this CNBC interview from Russia he claims US inflation is running much higher-I agree. He also thinks Pakistan may be the next government to fall. This is another topic I've touched on, Al Qaeda getting what it wants in a most unusual and unexpected way.
If Pakistan falls, along with a few other countries, the entire middle east foreign policy will have to be scrapped and even Iran may look like a secular regime compared to what these countries may end up with. After all of extremist terror plots, who would have thought that a food cart vendor in Tunisia setting himself on fire would possibly give them everything they've wanted?
CNBC Interview
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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