Friday, June 10, 2016
Marc Faber recent Bearish call about The Global Economy
“I am negative about the global economy, but if you print enough money, the market may not go down in nominal terms” Dr. Faber told MarketWatch .“China has a credit bubble. That is known,” said Faber. “The question is, to what extent can the credit bubble be deflated without causing any major disruptions? And I think that it is possible,” he said.
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