Saturday, November 24, 2012

Marc Faber: The whole Global Financial System will have to be Reset

Marc Faber: I can't tell you precisely the day, but I think the whole global financial system will have to be reset at some problem. And it won't be reset by central bankers, but by imploding markets; either the currencies or the debt markets or the stock markets, but it will happen. It will happen one day big time and then we will all be lucky if we still have 50% of the asset values that we have today. - in realclearpolitics


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