There is no means of avoiding a total collapse in the West; at the first train station in 2008, the financial system went bust but didn’t die, at the next station nations will go bust (though this could take 5-10 years or less), but first they will print money as this is the most politically tenable option, and ultimately the world will go to war.
in The Ludwig Von Mises conference, University Club, Manhattan
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
