Marc Faber: China Huge Credit Bubble, U.S Gov Bad Treatment of World, Interest Rate Rise and Stock Market Crash


Marc Faber covers a lot in this Bloomberg video from the fact that many momentum stocks have already corrected about 30% and if interest rate rises then he foresees a big stock market crash ahead.

He also thinks that the Chinese credit bubble is about to burst and that will cause economic shock as well. Then he talks about how the U.S government bullies countries around the world and cannot attack other countries around the world, like colonialism method back in the 1900’s.

Bitcoin, he likes the principles…says Marc Faber, but he still favors physical gold.

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