The problems in Europe are probably greater than in the United States. As I said, in the US, if the S&P 500 Index (SPDR S&P 500 ETF (NYSE:SPY)), revisits 900-950, in other words, if we drop another 15% from this level you can be sure they will have another stimulus package and another monetary easing with Mr. bernanke at the FED.
in CNBC
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
