Saturday, January 5, 2013

Marc Faber : The whole Global Financial System will be Reset by Imploding Markets

Marc Faber : ...I can't tell you precisely the date , 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 market or the stock market but it will happen , it will happen one day big time and then you will be all be lucky if we still have 50 percent of the asset value that we have today - in a recent interview with CNBC


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