Friday, 22 November 2013
Marc Faber : The Debt Bubble is only getting bigger
13:06
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“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.”
Jim Rogers: The One Lie That Will Bring Down America
11:29
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"I don't trust the data from any government, including the U.S., Rogers said. "We know that governments lie to us. Everybody's printing money, but it cannot go on. This is all artificial."
But in reality, he says, "we're living in a fool's paradise."
Source: http://moneymorning.com/ob-article/jim-rogers-major-crash-ahead-2.php
But in reality, he says, "we're living in a fool's paradise."
Source: http://moneymorning.com/ob-article/jim-rogers-major-crash-ahead-2.php
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