Marc Faber CNBC August 16 2010 Part 5 of 5

[aidanqn]

Lol, Bernie didn't seem entirely convinced about Mongolia.

[tracycolorado]

He who laughs last , laughs the most

[TeslaGenius]

she is very attractive

[CoWalsh04]

@silvercelli America, isn't that a third world country ? I think, I send my help the poor donations there. Maby one day if you study hard you can come and work in China

[chrisblueworld]

@CoWalsh04

LOL, China's economy is a bubble!

[CoWalsh04]

@chrisblueworld China has a manifacturing base. It has a housing bubble, but no where near like the one across West.

[chrisblueworld]

@CoWalsh04

China has two large bubbles. A Real estate bubble and huge overcapacities in production. The Chinese bubble is even worse, like the one in Japan at the end of 1980s. 60% of the Chinese economy already depend on fixed investments, mostly construction.

[Robert697]

@silvercelli

You're right. But if you don't see that Wall Street & the gov are the same, I think you should inform yourself better. Google "Obama's Wall Street cabinet".

Bush was owned by domestic oil: "Drill, baby, drill."

Obama is owned by foreign oil: "No domestic drilling until further notice." Either way, the US get's screwed because the elite owns Washington. Even if you, me and 90% of Americans pulled our money together, we couldn't compete. But standing together, we will move mountains.

[scanlonized]

???? wow just noticed Bernie has pulled a Dylan and signed on to the financial entertainment infomercial HSN network CNBC and ditched bloomburg. Sham-WoW !

[Robert697]

@silvercelli

Well, if you like catching a falling double-edge sword, go for it. Personally, I'm waiting until the USD collapses, then, if the US Gov is impotent, I'd invest in the US. But for now, for every dollar you invest in a business, you have to spent $3 or $4 just to meet all the freedom-thieving laws Washington has put into place. Nothing wrong with lining up your ducks for the right time, but now is not the time to pull the trigger - unless you're open to losing everything.