Friday, August 21, 2015

Good news, bad news.

Another asset purchase program by the Fed will not help this time. It’s like if you are lying in the hospital and the doctor says «The good news is you are getting more medicine. The bad news is it does not work.»
~ Russell Napier quoted in "China will have to devalue by more than 20 percent." By Peter Rohner, Finanz und Wirtschaft, 8/19/15.

H/t: Zero Hedge..

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