Marc Faber : The S&P 500 may drop 15% Then QE 2 , QE 4, QE 5, QE 6, QE 7—whatever

Dr. Doom Marc Faber told CNBC this morning that he expects weakness to persist and the Standard & Poor's 500 to drop as much as 15 percent and then the FED's chairman will do what he does best printing money and purchasing US treasuries , we will have up to QE 18 Marc Faber says ironically : "We may drop 10 to 15 percent. Then QE 2 will come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want. The money printer will continue to print, that I'm sure," said the author of the Gloom, Boom and Doom Report. Later in the interview, he added, "Actually I made a mistake. I meant to say QE 18."