Marc Faber on whether GE and US bonds should be rated as junk 2009.02.06
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marc looks like he had a HEAVY HUNGOVER!! probably too much Petrus and girlfriends---
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the rating agencies are getting the money from the companies they rated. so if the companies want good rate just give them more money. easy
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so this guy is saying deflationary correct?
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You just got to like this guy..he just calls them as he see's it.
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Everyone telling the TRUTH is DR DOOM! hahaha
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this cnbc employee should be fired....what does he know?
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God I love Marc Faber! By the way guys, I always go to financialtruth0.blogspot . com because they post all the latest videos there of JIM ROGERS, MARC FABER, PETER SCHIFF and RON PAUL. Thanks for uploading anyway!
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Thanks
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funny thing is CNBC is owned by GE and this guy smashes them on their own channel
Emotionengne 3 years ago 5
GE operated as a Hed Fund. Being leverage over 50:1!!! GE is as bankrupt as Banks they just cannot accept it.
jfcrow1 3 years ago 3