Wednesday, September 16, 2015
Marc Faber on Market Collapse and the Stupidity of Central Banks
Jeff interviews investment adviser Marc Faber of the Gloom, Boom & Doom Report, topics include: central banking and inflation, commodities decline, QE4?, natural market adjustment, precious metals, China is the largest trading partner of 124 countries, interest rate hikes to small to have any influence, cheating the savers, massive government debt created by central banking and Keynesian fallacies, market drop to continue for 2 or 3 years, indexing and ETF's have distorted the average, everyone should own some gold, the US is now a service economy, neocon agenda believes US above everyone else, Paul Krugman asserts that debt is good, living in Thailand, TDV Groups, moving away from the western world and more...
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.
Posted by Nicole Bourbaki