Tuesday, November 5, 2013

Marc Faber : If the U.S. Government was a company, the deficit would be $5 trillion


Marc Faber : If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.
Marc Faber


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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