|
"Fed will print and print and print until the final crisis," says Marc FaberBusiness Intelligence Middle EastAug. 05, 2010 |
Popular 
Alan Dershowitz Pushing for Trump to Pardon Ghislaine Maxwell
Pew Research Poll Finds Most Countries Have Negative View of Israel
Elon Musk: 'Trump is in the Epstein Files. That is the Real Reason They Have Not Been Made Public'
Rep. Thomas Massie: 'We Should End All U.S. Military Aid to Israel Now'
Palantir Exec: Pro-Palestine Protesters Are a 'Domestic Terrorist Movement'
 INTERNATIONAL. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said the US Federal Reserve will create a "final crisis" by continuing to print money because it is underestimating the strength of the economy which shows no signs of stenghtening but signs of weakening everywhere in the world. Speaking to CNBC Worldwide Exchange Tuesday in a live interview from Zurich, Faber said: " They will print and print and print until the final crisis wipes out the entire system." Investors should have listened to me already six months ago when I wrote that the Fed will continue to monetize. They will never let up", Faber said. Read More 
|
