Friday, September 7, 2012

Marc Faber : The Financial System will go Broke within the next 3 to 10 Years

Marc Faber , "Gloom Boom & Doom Report" editor, explains why he believes the entire global financial system will "go broke" within the next three to ten years, and why investors need to train themselves not to depend on the internet and mobile phones. "I said that eventually the financial system will go broke. we'll have a crisis. I didn't say tomorrow. okay. i said it could happen in three years or five or ten years' time and before it happens there will be much more money printing. theoretically when it happens the Dow Jones could be at 100,000 and maybe at the million, who knows, depends how much money you print." says Marc Faber


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