What I object to the current government intervention in so-called 'solving the crisis', they haven't solved anything. They've just postponed it.

I think 2015 will see a year where Europe outperforms the U.S. massively.

If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom.

You have to say that we are again in a massive financial bubble in bonds, in equities, in [other] asset prices that have gone up dramatically.

I'd rather buy something that is relatively depressed than something that is relatively high.

If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

Our best long-term and intermediate cycles suggest another slowdown and stock crash accelerating between very early 2014 and early 2015, and possibly lasting well into 2015 or even 2016. The worst economic trends due to demographics will hit between 2014 and 2019. The U.S. economy is likely to suffer a minor or major crash by early 2015 and another between late 2017 and late 2019 or early 2020 at the latest.