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> Debt, Economy, failure of Keynesian economics, Marc Faber > Marc Faber To America: “Listen You Lazy Bugger, You Need To Tighten Your Belts, You Need To Work More For Lower Salaries”
Marc Faber To America: “Listen You Lazy Bugger, You Need To Tighten Your Belts, You Need To Work More For Lower Salaries”
“Once again, the latest fire and brimstone sermon by Marc Faber is absolutely spot on, starting and ending with his “policy” recommendation for what the US needs: “I will tell you what the US needs. The US needs a Lee Kwan Yew who stands in front of the US and tells them, listen you lazy bugger, now you have to tighten your belts, you have to save more, work more for lower salaries and only through that will we get out of the current dilemma that essentially prevents the economy from growing.” No money printing, no extensive protests, no excuses. “
Via Zero Hedge
Categories: Debt, Economy, failure of Keynesian economics, Marc Faber
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