The U.S. economy "is a complete disaster, "Here are the numbers...we're broke," Davidowitz declares, noting the U.S. government goes $5 billion deeper into debt every day and is facing $1 trillion-plus annual deficits for the next decade. "In other words, we're bankrupt."
Thursday, November 25, 2010
Nov. 25 2010 | Since the Fed's announcement of QE2, Mark Mobius, executive chairman of Templeton Emerging Markets Group, has noticed a tremendous amount of inflow into emerging market funds. CNBC's Jackie DeAngelis asks if he's worried about bubbles being formed.