"People should have much more confidence in the euro to stomach any shock that would come from Greece," he says. "Ultimately, people can print money much [easier] in the U.S. than elsewhere in the world and the U.S. dollar is going to suffer because of that," he explained
Wednesday, March 17, 2010
The Dollar Is Going to Suffer says Axel Merk
"The Greek tragedy is going to continue [and] there will be some ups and some down," says Axel Merk, founder and president of Merk Investments and author of Sustainable Wealth.
"People should have much more confidence in the euro to stomach any shock that would come from Greece," he says. "Ultimately, people can print money much [easier] in the U.S. than elsewhere in the world and the U.S. dollar is going to suffer because of that," he explained
"People should have much more confidence in the euro to stomach any shock that would come from Greece," he says. "Ultimately, people can print money much [easier] in the U.S. than elsewhere in the world and the U.S. dollar is going to suffer because of that," he explained
Credit Cards vs Paypal
Bourgeois Expects Visa, MasterCard to Beat Estimates
March 17 (Bloomberg) -- Rod Bourgeois, an analyst at Sanford C. Bernstein & Co., talks with Bloomberg's Margaret Brennan about the outlook for Visa Inc. and MasterCard Inc. Bourgeois also discusses the impact of EBay Inc.'s PayPal service and other online payment systems on the credit card industry. (Source: Bloomberg)
O'Neill Is Bullish on Industrial Commodities on Demand
O'Neill Is Bullish on Industrial Commodities on Demand
March 17 (Bloomberg) -- William O'Neill, a partner at Logic Advisers, talks with Bloomberg's Betty Liu, Adam Johnson and Jon Erlichman about the outlook for commodities and oil prices. O'Neill also discusses the Organization of Petroleum Exporting Countries' output levels and the outlook for the global economy. (Source: Bloomberg)
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