Monday, March 2, 2015

Central Banks are going to Bankrupt The World

From King World News:
Marc Faber: Central banks ‘are going to bankrupt the world’
Financial pundit Marc Faber, author of the popular contrarian “Gloom, Boom and Doom Report,” tells King World News that much of the world is tiring of U.S. government intervention and that it may even drive Western Europe out of NATO and into alliance with Russia. An excerpt from the interview:
KWN: “There is no question that the United States has been aggressive. We are aggressive in Asia, Ukraine, aggressive against Russia – that’s the danger, isn’t it?”
Faber: “Yes, correct. If you go to talk to ordinary people around the world, I would say 90 to 95 percent will not approve of U.S. foreign policies of meddling into other people’s affairs and doing so continuously and stirring up trouble everywhere they go. This is the view of most people in the world. And I tell you, the big surprise in 2015 could be that Europe gradually breaks away from NATO and lifts the embargo against Russia.”
KWN: “What is the greatest danger facing the world today?”
Faber: “The greatest danger is central bankers – they’re going to bankrupt the world. That’s for sure. It’s only a question of when and how it will occur.”
Listen to the entire interview.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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