27 October, 2011

The End Crisis Will Be Postponed Until The Sovereigns Go Bankrupt

The end crisis will be postponed until the sovereigns go bankrupt. They can postpone the end-game endlessly...say another five to 10 years. Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed. - in CNBC

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