Marc Faber : treasuries are perceived still as a safe heaven because everybody knows the US has an endless ability to print money

Marc Faber : I think treasuries are perceived still as a safe heaven because everybody knows the US has an endless ability to print money , so the interest will be paid the question is governments can default in two ways either they just stop paying the interest and then there is a debt restructuring like Argentina went through , or they just pay the interest and the principle eventually in worthless currency that's the way the US will likely do it- in CNBC Click Here to watch the Full Interview >>>>