a: emerging markets ~
b: drunk driver
What:
"The FED relationship to the BRIC and emerging markets is like a drunk driver who runs down pedestrians and then blames the pedestrians for being in the way. Jim was in South Africa to attend an investment conference where he met the top institutional investors in the country, some of the wealthiest individuals, and government officials, and said you find out what their opinion is on what the FED is doing to the entire world."
Useful?
Writer: Jim Rickards
LCC:
Where:
Date: Dec 4 2014 8:20 PM
# 6590 Critique Analogy