Marc Faber - Signs of an Imminent Market Crash Are Here
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Uploaded by marcfaberblog on Jun 1, 2011
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In one year, the Chinese economy will perform poorly. That is, they will have a recession This could be a technical recession from a gross rate of say 10% per year to 3% per year, then it is a recession. You also shouldn't believe in the gross GDP that China reports. If you adjust for the real rate of inflation, then true growth is even slower.
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Top Comments
All Comments (120)
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There are millions of companies with earnings at minus -$ 1.5 a share minus$3 a share minus $ 5 a share . And these companies worth millions and some billions supposedly on the market :)
They are not !!!! They are worse than bankrupt . Much much worse .
Market plunge protection com. fooling investors .
wake the hell up people .
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i guess imminent means 12 or more months...
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@kcozgrove poop
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1 dislike.that bernanke......bloody prick.
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lol sounds like he predicted the occupy wallstreet movement
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@cunnidvd I didn't say I cared or agreed, you stated that this generation doesn't care, I provided evidence to the contrary, you change the subject. Keep that up.
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@BobMcCob Ummm YEAH! We have these ill define catch all protests against Wall Street. Bunch of clowns that don't even know what they are protesting but they know it is bad. Who in the US is demonstrating against US wars in Africa and Middle East? That is a serious question. GFY
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@cunnidvd OWS. Is that a serious question?
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FABER IS ONE SHARP DUDE. SHREWD AND SMART
kcozgrove 3 months ago 3
He is correct. Especially in China the high-end cars are noticeable around the pricey hotels.
EconCat88 4 months ago 2