30 April, 2010

Bloomberg Video: Greece Needs Debt Writedown of as Much as 50%

Greece Needs Debt Writedown of as Much as 50%: Video LINK

Marc Faber, publisher of the Gloom, Boom & Doom report, talks with Bloomberg's Maryam Nemazee about Greece's debt crisis. (Source: Bloomberg)


00:00 Greece "basically bust" and needs writedowns
Running time 02:39

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.