Saturday, August 11, 2012

Marc Faber Warns The Australians : Tough Times Ahead

Noted international contrarian Marc Faber has turned his gaze of doom on Australia, warning of tough times ahead for the nation as China slows faster than expected and the domestic “housing bubble” bursts.
In an exclusive interview with The Australian, Dr Faber — the editor and publisher of the The Gloom, Boom & Doom Report — warned that a downturn in commodity prices as China slowed would have damaging consequences for the mining industry and economy of Australia.
Full Story: Dr Doom warns of tough times –


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