Marc Faber - The Stock Market Will Always Go Up

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We have to distinguish between the stock market and the real economy. The economy went downhill in 2008, but after that the Federal Reserve pumped a lot of liquidity into the economy. This stabilized the markets, but the question is whether this has only been borrowed from the future. Each government action has unintended consequences, and money-printing typically leads to more money-printing.

The bankers get money free of charge. You have to be really dumb to not make money when it is available free of charge. In the short term, you may want to buy bank shares.

One stimulus package will lead to the next one. In 5 or ten years, the whole system will finally collapse. This time around, the government will go bust. They will essentially stop making payments on their debt. But before it does that, it will try to inflate itself out, but that won't work. After that, they will go to war, and that is when the whole thing will collapse.

Who on earth would have faith in the United States government? Certainly not anyone who thinks. Bernanke is a joke. However, it doesn't matter who they put in there, because he is ultimately a puppet, and any other man would also be a joke.

The markets have had a huge move. But they could go into a correction. The sharper the correction is, the more the Federal Reserve will inject liquidity, so they will pretty much always go up. But it will end badly.

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