24 August, 2011

The U.S. As An Economy Is Of Course Much Worse Off Than In 1999

I think we never really came out of the recession in many different sectors of the economy. If you look back to say 1999 to today, the U.S. as an economy, macroeconomically speaking, is of course much worse off than in 1999 — courtesy of the Federal Reserve I may add. - in CNBC

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