If Market Keeps Falling, Fed Will Keep Printing: 'Dr. Doom'
Published: Tuesday, 15 Mar 2011 | 8:15 AM ET
Falling stock prices will be met only with more money injections from the Federal Reserve, Marc Faber, the so-called "Dr. Doom," told CNBC.
Speaking as global markets fell violently lower in the wake of the Japan earthquake and fears of a nuclear meltdown, Faber said a stock correction actually is healthy in view of how far equities have come from the March 2009 lows.
He also expects weakness to persist and the Standard & Poor's 500 to drop as much as 15 percent.
Further, Fed Chairman Ben Bernanke will likely give the green light to another round of Treasurys purchases, which have come to be known as quantitative easing, he said.
"We may drop 10 to 15 percent. Then QE 2 will come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want. The money printer will continue to print, that I'm sure," said the author of the Gloom, Boom and Doom Report. Later in the interview, he added, "Actually I made a mistake. I meant to say QE 18."
As for the situation with Japan specifically, he said the end result of rebuilding after the quake would be inflation and a positive for stocks, while Japanese Government Bonds, or JGBs as they are often called, would suffer.
"This huge selloff is an investment opportunity in Japanese equities, but if a meltdown occurs then all bets are off," he said.
The Nikkei Japanese stock market index has plunged more than 12 percent this week, its worst two-day drop in more than 20 years.
US equities have shown far less reaction but were poised to drop more than 2 percent at the open Tuesday. Faber, though, said the central bank would spring into action should the selling get out of hand.
"I think Mr. Bernanke doesn't know much about the global economy but he probably watches the S&P every day," he said.
"Until very recently the Feds have had very few critiques, very few people criticized the Fed's policies under Mr. Greenspan and Mr. Bernanke," Faber added. "Over the last few months, a lot of critical comments have come up about the Fed and its money-printing habit. The S&P drops 20 percent (and) all the critics will be silent and they will all applaud new money-printing."
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"This huge selloff is an investment opportunity in Japanese equities, but if a meltdown occurs then all bets are off," he said.
这句话的经典在于如果日本本身的问题,特别是类似以下核电厂的问题,辐射问题,没有第二波的地震,没有更多的核电厂出现问题。。。。。:
“。。。日本共同社報導指出,東京都下午輻射偵測報,輻射量已超出平常20倍。外交部發言人章計平說,因為東京離福島縣有400公里的距離,且日本政府劃定的警戒範圍是30公里。。。”
还有富士山是出现“小型地震”。。。还好没有影响到附近的核电厂。。。。
日本的25座(?)核电厂是自己制造的“内在炸弹”。。。(中共还在睡觉,以为核电厂是救星!!!国阵更是在发神经,把人民的性命当作玩笑。。。。国阵实在是习惯了草菅人命。。。。核电厂绝对不能在马来西亚兴建。。我们浪费了大量的钱送人上太空,浪费太多太多的钱了。。。。浪费金钱,最多是2014年国家破产。。。小学书包重过墓有丁的公事包,最多小学生,老时腰部背部出现大问题。。。。。但是兴建危险性太强的核电厂,所有马国人就会变成蟆(蟇)国人了,不要忘记像癞蛤蟆一样。。。。。)
核电厂问题没有恶化。。。。OK
如果恶化。。。。日本股市。。。。会出现一些问题。。。
卫星所发现的地壳移动。。。。虽然小。。。。会带来什么后果???
日本的情况会影响亚洲吗???影响程度多大???
看大家的看法:
Kami Benci Saiful Bukhari!
Muhyiddin mengumumkan bahawa Malaysia akan meneruskan cita-cita menbina Loji Janakuasa Nuklear!
Di sebalik pengajaran kebocoran radioaktif di Jepun berikutan gempa bumi, negara seperti Switzerland telah membuat pengumuman bahawa mereka tidak akan membina Loji Janakuasa Nuklear lagi. Tapi BN masih berkeras kepala!
Malaysia adalah dekat d...engan lingkaran api fasifik ('Ring of Fire'), maksudnya bukan 100% kita akan selamat jikalau ada bencana gempa bumi berlaku!
Gambar ini adalah anak Chernobyl yang telah menjadi mangsa akibat letupan Loji Janakuasa Nuklear di Ukraine (Tahun 1986). Walaupun hampir 25 tahun, letupan Chernobyl terus membawa kesan buruk kepada kesihatan masyarakat di sana!
Dan Najib kata "Rakyat Diutamakan"? Betulkah? - Ah Beng
【二座核电厂】
副首相的慕尤丁说政府不但不会放弃起核电厂,而且还要建两座核电厂,第一座核电厂预料将在2021年开始运作,第二座核电厂则在隔年启用。
虽然瑞士也因为日...本核泄事件而停止兴建新核电厂的计划,还有德国也开始检讨他们的新核电厂计划。但为何我国还要一意孤行呢? 是不是我国的科技比他们先进很多?
雪兰莪和槟城州政府宣布,他们将禁止州内兴建核电厂。
忘了我们有不能潜水的潜艇吗?
若建核能發電廠你相信100%能發電嗎?
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他们是为发展而脑残还是根本就是脑残?
无惧日本核电厂辐射泄漏事件 慕尤丁矢言大马继续发展核能
www.malaysiakini.com
尽管日本核电厂辐射泄漏事件引发朝野同声呼吁政府检讨发展核能的决定,但是副首相慕尤丁却矢言,大马并不会因此害怕而停止发展。
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要飞 他们根本就没有脑!
about an hour ago · LikeUnlike · 2 peopleLoading...
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Micheal Bee 請支持: http://www.facebook.com/NoNuclearPowerPlantinMalaysia
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1M Malaysians Reject 100-storey Mega Tower
Nuclear power has it's benefits. However, can you trust Muhyiddin Yassin to handle nuclear power? Can you trust him with your life and your children's lives? Can we really be better than Japan in preventing and managing a possible nuclear disaster? SPEAK UP. Otherwise, say goodbye to Malaysia. SAY NO TO NUKE (till we're confident the... government can handle this)
First, read this article: Malaysia to go ahead with nuclear plans
http://www.themalaysianinsider.com/malaysia/article/malaysia-says-to-go-ahead-with-nuclear-plans/
這里都搞不好,還要處理刻電??????
国会报道 国会直播系统今日大瘫痪,
几乎整座国会大厦的电视机都无法如常直播议事厅内的会议,
严重影响媒体与部门官员的工作。
11 hours ago · LikeUnlike ·
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Saw Eng Hock 1 MALAYSIA....
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Sim Heng 钱在作怪,为了自己,人民的话他会听吗?
Kenny Ng
日本大地震引发严重的核电厂辐射泄漏事件,连瑞士也宣布停建新核电厂计划。但是副首相慕尤丁却表示,大马将从中吸取经验,而本地相关机构也会尽全力确保核能的安全。
为何国阵政府非要建核电厂不成?莫非后面有什么目地?
核电厂辐射泄漏事件连世界強国也无能为力了,我国拿什么能力去对抗核电厂辐射泄漏?
国阵啊,自命清高的高官们啊,你们要找死你们自个去就好了,别拿我国2千多万人口的命去玩啊,如你们非要建核电厂,分分钟我国就真的就变成
...《完MALAYSIA》了!
Jason Leng Kek Mun
一个连天花板都不能确保100%不漏水的政府,你期望他可以确保核能发电厂100%安全?你傻的啊?
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Aileng Siew 这实在是让我很忧心的问题,因为我们都知道他们实在够差,也不在乎我们的草命。
8 hours ago · LikeUnlike
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Ferlicer Eng That the reasons " MALAYSIA BOLEH" lo
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Wee-Sin Hon
國產車學了20多年還不上道!
現在還要核電廠, 別開玩笑了.
要撈錢可以用高钀, 機場, 港口, 軍備, 多幾個自貿區也沒關係!
千萬別拿核電廠開玩笑!
...台灣的核四工期延長7年多仍無法運轉.
以我國的管理等級,
核電廠, 別開玩笑了!!!
【请别为A钱而发展核发电计划】
日本9级大地震引发了大海啸,至少已经造成2000人死亡,2万人失踪,避难民众高达45万人。如今更严重的危害是日本核泄漏和核爆炸事故,联想到国阵政府一意孤行,要兴建两座核发电厂,不仅让我起鸡皮疙瘩,人命关天,这可不是闹着玩的!
日本福岛核电站的1号与3号机组相续发生爆炸,其2号机组又于周二早晨传出爆炸声,并且造成了人员伤亡,核电站周围的居民不断被疏散,负责核电站运营的东京电力也撤离了部分工作人员。
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先进国如德国与瑞士已宣布延后或停止核发电计划,偏偏国阵政府宣布继续实行兴建两座核发电厂。国阵政府的发展计划如建吊桥、体育馆都会倒塌,国会漏水修了又再漏水,国人确实对国阵的发展计划没信心,更别说是核发电计划。
马来西亚土地面积那么小,万一发生类似核泄漏或爆炸是故,整个国家都有可能被夷为平地,我们不想续日本的福岛后,成为另一个切尔诺贝利,那是惨痛的悲剧。
A vote for BN means a vote to encourage the birth of more Chernobyl child!
投国阵一票代表支持让更多的切尔诺贝利儿童诞生!
These are the government who listen to the people:
Germany: Announced to suspend the plan of extending the lifespan of its 17 nuclear power plants!
...Switzerland: Announced to suspend the plans of building new nuclear power plants!
What about Malaysia BN government?
Muhyiddin (Deputy Prime Minister) said:
Malaysia will proceed with plans to build two nuclear power plants!
Malaysia would “implement what is the best” for the country.
听取民意的政府:
德国:宣布延长17座核电站营运期的决定押后三个月。
瑞士:宣布停止兴建新核电厂的计划。
而国阵政府呢?
慕尤丁(副首相)说:
马来西亚将继续实行兴建两座核电厂的计划!
马来西亚将为国“落实最好的计划”!
Quoted from:
http://www.themalaysianinsider.com/malaysia/article/malaysia-says-to-go-ahead-with-nuclear-plans/