Saturday, November 14, 2015
MARC FABER 11-11-2015 - BRAZIL: HOW MUCH CRIMINAL ARE RISK RATING AGENCIES
Video from www.ushyperinflation.com with an interview with the Dr. Doom, Marc Faber, editor and publisher of the The Gloom, Boom and Doom Report (www.gloomboomdoom.com) in which he does a joke, saying doesn't know what is going on in Brazil. It's only a joke, he knows all. After the little piece of the interview, André Guimarães, editor of the www.ushyperinflation.com, explains what is the situation, how much criminal are the risk rating agencies for they give investment level for a junk country, now underway of hyperinflation. Like Marc Faber says, risk rating agencies are criminal, they lie for investors, deceiving them.
In this video the editor of www.ushyperinflation.com shows what happened in Brazil, the PETROBRAS SCANDAL and a little brief about what's going on in the country: civil dictatorship, corruption in the three powers of republic, communism (the international criminal organization so called FORO DE SÃO PAULO, that wants install communist dictatorships in Latin America, created by Lula and Fidel Castro in 1990, already occupied all spaces in the country and there is possibility of civil war to hold Dilma Rousseff at the power if she exits it by impeachment), the accounting fraud to hide the reality in the public debt (like happened in Greece), the sales of government measures to corrupts that reduced tax revenues collection, the needed fiscal set that won't happen with Dilma Rousseff because the 2018 election, how will be the return of hyperinflation in the country, what is needed to do to fix the fiscal situation (fiscal set with a new president).
There is even a comparison between what will happen in Brazil (the hyperinflation, with prices going up indefinitely and exponentially) and the dollar collapse (hyperinflation in gold price followed by disappearence of the money, what will lead to an economic depression, very big, bigger than the one of 1929). How would be the dollar collapse and why it would be like this.
The www.ushyperinflation.com site was created in june 2009 to talk about subprime crisis of 2008, the possibility of dollar collapse. In this site the editor comments the opinion of various experts like Marc Faber, Gerald Celente, Michael Pento, Peter Schiff, Nomi Prins, Egon Von Greyerz, Paul Craig Roberts, Johm Williams, Jim Rogers, among others.
The editor is the author of the unmatched book about the real story of hyperinflation in Brazil so called A GLOBALIZAÇÃO E OS TRINTA ANOS DE INDEXAÇÃO NO BRASIL (Globalization and the 30 years of indexation in Brazil), 319 pages, published in 2000 and available in the site for free download in PDF format (in Portuguese). In the future there will be a version in English and a book about the subprime crisis of 2008 that already has 600 pages ready in Portuguese, that also will be available for free download.
Next financial crisis, if happen, will do the 2008 crisis seem "a walkway in the park", even. And the "quantitative easing" was made only to makeup the default of US government, that had'nt money to bailout bank system (after the Lehman Brothers crisis) and the great levereage with the complex formula Black & Scholes to distribute risks, but that was used for everybody, reproducing yet more sorely the portfolio insurance crisis of 1987.
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.
Dr. Marc Faber Tomorrow's Gold
Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.