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Friday 22 November 2013

Marc Faber : The Debt Bubble is only getting bigger

 “I see a bubble in everything that relates to the financial sector,”Marc Faber the author of the Boom Gloom & Doom report told CNBC on Tuesday. He puts bonds, low-quality bonds and equities on the top of that list. “If you look at the financial sector as a percentage of the global economy, it’s very large. We have a huge debt bubble, and it’s only getting bigger. It’s not getting any smaller.”

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