We never really had a recovery in the Western world. The stock markets went up because of the money printing and support in 2009. My view is that they can probably muddle through for another two-three years by piling up the fiscal deficit or printing more money. I do not know when it will happen in 2012 or in 2018, but the next crisis will be worse than the one in 2008. - in Business Standard
Tickers: SPDR S&P 500 ETF (NYSE:SPY) ProShares UltraShort S&P500 (ETF), (NYSE:SDS) ProShares UltraShort QQQ (ETF) (NYSE:QID), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ);
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
