"If we break down the global economy into Europe, the United States, Latin America and Asia, then very clearly Europe is at the present time already in recession. Not growing, it`s rather contracting if you add up everything.
In Asia, we had a very strong recovery from the lows in 2009 and in my view, the peak intensity of the recovery was reached about 1 year ago. And since then the asian economies have been slowing down meaningfully, including China where the economy is growing at a much slower pace then the official statistics suggest. In my view, in Asia we don`t have a recession yet... "(Marc Faber)
Sem comentários:
Enviar um comentário