"The deleveraging taking place among financial intermediaries is negative for the American economy that is addicted to credit growth. The United States trade and current account deficits will shrink further and diminish international liquidity. This is bad for asset prices." MARC FABER, Singapore, February 20
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.
