01 February, 2011

The United States Is No Longer A Triple-A, I Would Say A Maximum Triple-C.

"The financial condition of the United States is in my opinion quite dire. … The U.S. is no longer triple-A. I would say a maximum triple-C." - in courant.com

Related ETFs: ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.