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The Ultimate Asset Bubble Is Gold.
-George Soros
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The Ultimate Asset Bubble Is Gold.
George Soros
The Ultimate Asset Bubble Is Gold.
Views: 87
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Gold
Assets
Ultimate
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Germany Will Always Do The Minimum To Preserve The Euro. Doing The Minimum, Though, Will Perpetuate The Situation Where The Debtor Countries In Europe Have To Pay Tremendous Premiums To Refinance Their Debt. The Result Will Be A Europe In Which Germany Is Seen As An Imperial Power That Will Not Be Loved And Admired By The Rest Of Europe - But Hated And Resisted, Because It Will Perceived As An Oppressive Power.
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As A Society We Can't Live Without Moral Considerations. We Do Have To Protect The Public Good. And Markets Are Not Designed To Do That, So We Need A Political Process.
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There Is A Well-established Conviction That The Central Banks Always Do What Is Necessary To Keep The System Going And Then Afterwards You Then Take Care Of The Legal Aspects. In A Crisis, You Simply Do Not Have Time To Think About Such Concerns For Too Long.
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Taking This View, It Is Possible To See Financial Markets As A Laboratory For Testing Hypotheses, Albeit Not Strictly Scientific Ones. The Truth Is, Successful Investing Is A Kind Of Alchemy.
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