A great interview of Dr. Marc Faber with King World News. The interview is broken into 3 parts due to Youtube’s length restriction but is roughly 30 minutes long.
Notes On Marc Faber King World News Interview.
- In a year or two, we should see inflationary pressure emerge
- Expects deficit to increase by 2 trillion dollars next year in the U.S
- This crisis has failed to completely clean the system
- Wouldn’t be surprise if 15-20% market correction occurs before big run up
- Market might go up due to money printing
- Believes the USD can rebound in the short term, is a “lousy” currency in the long run
- Markets are very overbought
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