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Marc Faber predicts economic disaster in 2009 part 1 of 2

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Uploaded by on Dec 25, 2008

Dr Doom Marc Faber predicts economic disaster in 2009.He advocates selling into the likely Obama rally and accumulating precious metals.

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News & Politics

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  • The fall of the Ameri-cunt empire right in front of our eyes

  • @TheBearWatch

    The stock market has recovered? Do you not understand the ramifications of massive liquidity injection? It IS crashing but we don't realize it because we're so mesmerized by pretty charts with positive slopes while the government and the Fed is cooking the books.

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  • @manoman0 no, i choose progressivism, which will become Socialism. 

  • @JinxOz in other words, you choose death.

  • Our future heads either to Socialism or self-destruction(death). No other alternatives. Choose: Socialism or Death. I choose Socialism.

  • marc faber, wrong again

  • The US GDP have been negative since 2000 except a few months.

  • So is this guy still being listened to or is he done now?

  • His long term prediction is still correct. He probably didn't anticipate the enormity of the bail-outs. Just because this sugar high is raising equities, doesn't mean any of the underlying fundamentals have changed, if anything, they've gotten worse.

    That's ok...he'll still be the last one laughing

  • He was wrong. Stock market recovered in 2009

  • Every single day.

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