Marc Faber all paper money will go to Zero

“There’s no other way out but to print money,”  “In the long run, all paper money will go exactly to its intrinsic value, which is zero.”  Marc Faber, the publisher of the Gloom, Boom & Doom report, said at a forum in Seoul

We already have a property bubble in China

Marc Faber in Bloomberg : ..."We already have a property bubble in China, but that does not mean that the whole economy will go into recession. And I would add to it, that even if there is a slowdown in China, its an huge country, like the US was in the 19th century and still is, so you can have a some sectors of the economy going into recession and other sectors still expanding."

Matt Taibbi : Insider Trading Is Everywhere

"Everybody is trading on the inside somehow or another, so this isn't particularly surprising," Taibbi says. "A lot of sources I talked to suggested this is endemic to the entire culture.""The real issue here is that it's everywhere," he says. "And the fear is there's no end to it."
Taibbi, who became widely known in financial circles in 2009 when he dubbed Goldman Sachs "a vampire squid on the face of humanity," says he is not cynical by nature. "But this Wall Street stuff is overwhelming," he says. "The more you look into it, the less you see the way out. The government seems so completely helpless to do anything positive in this situation."
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Joseph Stiglitz speaks at Strive

Nobel Laureate Joseph Stiglitz shares his thoughts on the importance of education for the future health of our economy, and how we should take advantage of college access non-profits in order to leverage the effect of the stimulus package.