Sunday, August 30, 2009

No Way Out, Collapse Inevitable: Marc Faber

Herewith an interview with Marc Faber on August 26th 2009 with Lateline Business of the Australian Television. He is incredible pessimistic and does not see a way out. Bernanke gets a lashing and he expect Bail Out after Bail Out. The total collapse will come through war. The Great depression of 1929 culminated in World War II of 1939 which can be seen as the Great Re-Set. Can we expect the same in 2017-19? Or sooner?
Interviewer: "5 months ago you told me to buy a farm and a gun"
Faber: "now you need a machine gun"
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