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Marc Faber on CNBC 8/16/10 (Part 5/5): Mongolia Has Huge Potential

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Published on Aug 17, 2010

Comments • 6

LeVert-next big thing in NBA
"there arent any clubs tho" "clubs really?" omg i wanna know how that stupid bitch and that guy with glasses got their jobs there at CNBC. ignotant and unprofessianal? and xshandu is in china not in mongolia u fuking idiots. wish i could slap em around a lil bit give em some education. wow really!!!
rockerme4u
CNBC World, with Bernie's help out classes the corrupt usa cnbc. If this was not the best interview with Marc Faber, tell what was. "CNBC World" rocks. In America, we are stuck with the corrupt Joe Kernin, paid for and by the corrupt corporations of America. GE included. Try to read their balance sheet. Buy GE under @ $6.00 It will get their again. I will wait for 5.00 Thanks to C4Liberty.
Armando7654
@Ally4757 because it makes borrowing easy and douchebags who know they won't be able to pay of the loan apply for it anyway, default on it 3 moths later just like another 100s no-money douchebags until eventually the lending institution fails to make profit from the payments of those barrowers and soon goes bankrupt, then asks the gov for hand outs and since the gov has no money it steals from the middle class who then becomes piss-poor class and the country collapses
emichik86
@Ally4757 inflation will cause the value of the dollar to erode. Over time you will lose. Look at it relative to gold. Example: In the 1970s, a nice suit would have cost an ounce of gold or $35. Today, a nice suit would cost you the same ounce of gold or about $1100. Fiat money loses value over time and the dollar is no different.
pretorious700
Marc is fucking with the minds of these drones.
pretorious700
@Ally4757 Central banks print money with no constraints, not a good thing.
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