Marc Faber On Bloomberg May 6, 2010
by Admin on 05/07/2010
Marc Faber On Bloomberg May 6, 2010
- The cause of the sell-off is that markets went up too much, too quickly
- The market was overbought, ahead of itself, and headed for a correction
- We will have a meaningful decline
- We made the high in April
- Sooner or later the Governments will go bankrupt
- The only way they will survive is by continuously printing money
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