Marc Faber Lateline Business

by Admin on 08/29/2009

Marc Faber continues to believe that money printing will result in even more money printing. According to Marc Faber, the government will go bust when interest rates rise causing interest payments to go up. The government might have to resort to war to save the economy.

Marc Faber Lateline Business Notes

  • You really have to be dumb to not make money when the government gives you money free at charge
  • You should buy banks in the short run
  • One stimulus package will lead to another
  • A system collapse will occur in approximately 5 years
  • Greenspan and Bernanke contained that crisis but also created the crisis

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