Marc Faber on sovereign debt default : American & Greek

Marc Faber talks about sovereign debt default goverment default gse bankruptcy central bank printing money stimulus packages greece eurozone financial crisis us government bonds t-bills treasury bills inflation quantitative easing
recorded in December 5th 2009

Category:

News & Politics

Tags:

• Marc
• Faber
• financial
• crisis
• sovereign
• debt
• default
• goverment
• gse
• bankruptcy
• central
• bank
• printing
• money
• stimulus
• packages
• greece
• eurozone
• american
• usa
• us
• government
• bonds
• t-bills
• treasury
• bills
• inflation
• bailout
• hyperinflation
• depression
• Dollar
• crash
• deflation
• fed
• federal
• reserve
• jim
• rogers
• peter
• schiff
• bob
• chapman
• max
• keiser
• quantitative
• easing

[MYTHOMINHTRAN]

Printing money without productivity from its own country. Using printing money to give free to the other country or buying products from China or elsewhere because it's much cheaper than in the USA. How long is it going to last for this bad economy habit? All US citizen wake up!

[georgia1996100]

@Tdiddy777 @Tdiddy777 and what you know about greece??if you want come here and see..some people work some others no..and yeah we are not so rich so as our goverment to pay other people so as to hire men who have no work..at least we have beautiful islands and the most beautiful sights..aw and many of "your" celebrities are greek...go on wikipedia and write list of greek americans and check it..you clever!!:P

[georgia1996100]

@albanianenergy ofc you are albanian..i didn't expect smth else from you..and i say that because most albanians hate greece..if you hate it why are you coming here?

[Sophia156]

@Tdiddy777 and it wasnt only the socialistic goverment... the right wing goverment did the most damage...

[Sophia156]

@Tdiddy777 actually it is 7.30 or 8.00 to 3.00 or 4.00 without the overtime....

[bonfirejovi]

@turboz1k look at it compared to gold

[turboz1k]

I hate how so many well known Economist say "The Dollar is structurally weak" the Dollar is up 20% vs Euro since Dec. 09, & is the same as the average level from 2004-2006. The amount of video's against the dollar basically multiplied 10x when the dollar spiked in late 2008, which questions motives

[StevenMartin1966]

@jhunted7667 I agree with your post, but please explain/expound the "pretty daughters" comment.  Thank you.

[LiberalBird]

I knew greek was gonna bankrupt many many years ago! I told you this!

here is my video about greek economy, i uploaded it 3 years ago!

/watch?v=-p09iCFFaSI

[Tdiddy777]

@bewaver Do u honestly think Iceland went bankrupt because they harbored Fisher who died some years ago?? Come on man! And what happened to Greece is that the socialistic government spend money like water for over a decade and committed fraud by delivering wrong figures to the Euro Zone member states and Central Banks. Also they are really lazy people, a day of work for a Greek government worker starts at 9:00 and ends at 15:00 for most of them. They average retirement is at the age of 60