27 September, 2009

"The Future Will Be a Total Disaster"

In this month's issue of The Gloom, Boom & Doom Report, Marc Faber issued one of the gloomiest, most depressing takes on the financial crisis and its impact. Faber said that the future, "will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society."

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.