Marc Faber on Gloom, Boom & Doom Report (Part 1)

[Versohnung]

charging 800 for these reports is a rip of

[illuminat10n]

Charles Nenner has already calculated that probably the war marc faber was talking about. According to global cycles of the wars in the world, it will be longer than 3.5 years untill the next major war breaks out.

[aguswidjaja]

Marc Faber is a fool. I remember back in 1996 he was preaching that Hong Kong's economy would fail misearably as soon as it was returned to China. I am no economist, but I knew that he was full of wishfull thinking.

[ISeeThemNow]

Mustang607 and misctrader are being sarcastic - dont give them thumbs down...

One question though - How will the US finance the wars. Its not like in WWII where US debt was much lower prior to it. But now, we already owe china so much, and I doubt china will lend more to us to finance our wars. Any thoughts??

[throwerofturds]

@ISeeThemNow tyer will print money to finance any future wars

[hkrainman]

Why on earth do you think you are not in a giantic hole right now?

What changed?

[misctrader]

Exactly. This guy's a total nut job. If it weren't for Bernanke and Greenspan, we'd be in the hole right now.

[kevreilly7]

@misctrader yea the hole is in you wallet paying $4 gasoline

[mustang607]

Is this guy trying to imply that the government has acted irrationality? What wrong with politicians doling out favors and creating lots and lots of taxpayer debt, leaving it for others to worry about later? To politicians debt is wealth. Always has been in the short term. Long term is for someone else to worry about.

Ponzi would be proud.