Interview with Marc Faber 2009.08.26

Marc Faber on Lateline Business (www.abc.net.au/lateline/business)

Category:

News & Politics

Tags:

• Marc
• Faber
• Ben
• Bernanke
• money
• gold
• FED
• dollar

[timetofly5]

If you Like America better visit her soon !!!

She is about to take her last breath!

GOD HELP US ALL

[Tasadaru]

Yup! When major deflation happens that's when hyperinflation is right around the corner. That's how the bankers always win.

[Rasenkrieger]

@BolteBridge

read up on who this guy is, it is at least kind of interesting.

Btw he is not talking about all the drama in a short period of time.

[BolteBridge]

i never trust any man with a pony tail...but what a stupid interview, she seems totally overwhelmed. what is he talking about 'total collapse'? are we all gunna die fighting each other for the last can of baked beans at safeway or his he referrring to governments being bankrupt. she was too stupid to ask this histrionic drama queen any good questions

[sugarpuddin88]

Gimme a Break!

After the Tax Payer bailed out Merrill Lynch, they turned around and gave their executives 3.6 billion in Christmas Bonuses!

AIG awarded $500 million in bonuses to its executives after accepting a $173 billion government bailout

UBS bank was fined 700 million for tax evasion; then Congress gives them 5 billion free tax payer dollars

102 tril SS & medicare

25 tril TARP & bailouts

53 to 67 tril from other trusts

Every single American man, woman & child owes over $600K in debt

[sugarpuddin88]

Japan has the same problem as many Anglo-Saxon companies:

Banking Oligarchs are gouging the people!

Unlike the Anglo-Saxons however, Japan is currently trying to create a new money system that will prevent these banking oligarchs from gouging the people

[sugarpuddin88]

Hidden from news last week:

Americas 6th largest financial collapse: Colonial Bank!

The FDIC is run by Sheila Bair, a Lawyer, and the dean at the Isenberg Institute. Her and her staff of Zio-clowns are not about to arrest the directors, the executive management, the auditors, or the investment oversight board.

This clueless clown belongs behind the counter of a McDonalds. He is cooking the 'Health Scheme' where doctors, hospitals, and Hispanic immigrants get a $ trillion dollars

[sugarpuddin88]

For every green shoot that pokes through the soil this spring, there is an offsetting reminder of another business pushing up daisies

Rich bankers bailing out rich bankers on your credit card!

Geithner has been wrong about everything for 15 straight years!

Central Banker Nicholas Biddle is quoted at explaining how to use his Central Banks to cause depressions by retracting the money supply (1.07 of money masters

[kenji4861]

Does that go for other countries too? Japan is going through a deflation right now. Time to buy their currency?

Also the USD losing a lot of value around 10/08.. could that have been the major deflation before the inflation you're talking about?  In other words.. did it already happen.

[taubstumm]

Great to see Faber again