If the Chinese economy collapses then you want to be short everything

Marc Faber : copper is likely to come down but I would not bet too heavily on it because it takes a long time to bring on additional copper mines , and unless the Chinese economy collapses the demand for copper will stay relatively high , but if the Chinese economy collapses and Jim Chanos is right then you want to be short not only copper you want to be short everything ! - in Bloomberg

Marc Faber - S&P Wont Surpass 2011 High of about 1,370

Marc Faber : we had a rally from the low of the 9th of August at 1101 on the S&P to almost 1200 and then we came right down again and basically we did not make new lows and now I think that we can rally again for a while , ...what I mean is I think a lot of people will say the market formed a double low and we have some technical indicators that are going to turn positive and so we could rally around 1250 but as I said before for me we reached a high on the second of May 2011 1370 on the S&P that we will not go through , well no doubt nobody knows for sure , my view is you have a lot of people that are strategists that are very bullish they have a year end target of around 1400 , 1450 on the S&P then you have the super bear , that is may be both camps will be disappointed ....

Economist John Williams of Shadow Stats on Goldseek Radio - Aug. 24, 2011

John Williams of Shadow stats talks about the road to hyperinflation 2014 and the fake government numbers , the real figures on unemployment the GDP the Inflation the consumer price index and the overall US economy , John Williams who is an independent economist not funded by any government agency , his figures are different from the official figures that the US government shows publicly.....Economist of Shadow Government Statistics and shadowstats.com founder John Williams claims government employment and inflation numbers are inaccurate, and economy is shakier than indicated.There is no way we could possibly pay our debt either we raise the taxes or we do not either we cut social security or we do not , we are headed towards a Wiemar Republic type of hyperinflation and a banana republic kind of government ..John Williams of Shadowstats has repeatedly warned that our economy is not doing as well as some would have you believe. From unemployment to GDP to current and future liabilities, there are fundamental problems that will not be resolved anytime soon - in fact, they're likely to get worse.The end result according to Williams? A hyperinflationary depression...the whole system is collapsing