Tuesday, May 31, 2011

SOS Mark Mobius - It is definite


Mark Mobius said on 30 May

"There is definitely going to be another financial crisis around the corner because we haven't solved any of the things that caused the previous crisis," Mobius said at the Foreign Correspondents' Club of Japan in Tokyo on Monday in response to a question about price swings.

"Are the derivatives regulated? No. Are you still getting growth in derivatives? Yes."

MyView

I believe most of us agree, it is a matter of timing, after USD3 trillion being pumped into the world economy. Ask Gary Shilling, Michael Shedlock, Roubini, Icahn, Peter Schiff, Jim Rogers, Charles Nenner. So, it is DEFINITE. But, but even the Octopus got it wrong!

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