17 January, 2012

The U.S. Should Be A Triple-B Or Junk Bond

The U.S. should not be a triple-A-minus but a triple-B or junk bond when you really analyze the unfunded liabilities that will come due in future. - in CNBC.com

Related, ProShares UltraShort 20+ Year Treasuries ETF (TBT), iShares Barclays 20+ Yr Treasury Bond ETF (TLT)

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