Marc Faber thinks that all governments, the U.S and Europe will keep printing money trying to fix the debt crisis and slumping economies with even more debt.
The crazy Keynesian notion that you can fix a debt problem by getting further into debt…that is nuts, but that is what the U.S and Europe is engaging in.
In 5 years time, the world might look very different. Marc Faber is ultra bearish and thinks people should be prepared to own gold, stable equities and avoid government bonds.
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