Marc Faber Warns "Western Imperial Arrogance Will Ignite Middle-East "Powder-Keg"by Tyler Durden
Sep. 04, 2013
Watergate 2.0: Obama Regime Wiretapped Trump Campaign Chair During And After Election
CNN Cuts Off Black Trump Supporter After He Rejects Concept Of 'White Guilt'
BUSTED: Obama's DNI Chief James Clapper Swore Trump Campaign Was Not Wiretapped
Professor: "We'll Just Get Rid of All The Whites in The United States"
Poles Fight Back Against German Threats With Request For $1 Trillion In Reparations For WW2
As usual, Gloom, Boom, and Doom's Marc Faber pulls no punches in this brief interview on CNBC's Futures Now. When asked what is the catalyst for the crash he expects in US equity markets (following crashes in various markets around the world), he shocks a stunned anchor looking at equity markets near all-time highs with some ugly truths - "interest rates are no longer a tail-wind, earnings growth is not there, and emerging economies are collapsing (so no global growth)." However, with asset allocators "swimming in the pool of liquidity" it is hard to say 'when' it will occur especially as money floods out of EM markets. Critically though, it is Syria (and the spillover) that has Faber most concerned; as he concludes that Western governments "meddling" is "going to be a disaster."