The worse the global economy, the more stocks could go up, Faber says, because the world’s central bankers have become nothing more than money printers. “They’re dangerous to the health of the global economy,” Faber says. “They created the Nasdaq bubble, the housing bubble, and now they want to create another bubble to bail them out.” in CNBC
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.
