Faber does an excellent job of describing the financial expectations for working folks in the 1970s - wages were high compared to the price of equities, interest rates provided a reasonable fixed return on savings and markets were real - not the manipulated casino of today where working folks are steered into risky investments.
RE: Marc Faber: Worldwide Debt Bubble & Currency Collapse
You are viewing a single comment's thread from:
Marc Faber: Worldwide Debt Bubble & Currency Collapse
It certainly does seem like (and probably is) a lot of manipulation going on these days. Data is manipulated, information is manipulated, stocks, bonds, and precious metals are manipulated. It is nearly impossible to find truth and a truly free market anywhere. That is why I cut my cable TV ties, do my own research, seek out good content, and listen to alternative media resources.
Steem on,
Mike
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit