21 October, 2011

The Western World Is Going To Stagnate Over A Long Period Of Time

As to that huge level of debts, I don’t see how the Western world, including the U.S., Japan and Western Europe can actually grow. They’re going to stagnate. And when you have stagnation over a longer period of time, people start to ask questions. - Beacon Equity

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