Faber : America will experience The Fiscal Grand Canyon not a Fiscal Cliff

Marc Faber : If You put a gun on my head and said you must choose either Mr Obama or Mr Romney I'll say please shoot ....I think both are undesirable , One is basically buying votes by distributing money through all kinds of subsidies , as you know now almost half the household in America have one member that receives some subsidy by the government either food stamps or social security or God knows what , and so Mr Obama is a big time spender at the same time you have Mr Romney he will also be a pig time spender but less on social programs and more on the military and the deficit , people talk about the fiscal cliff they have no clue it is not going to be a fiscal cliff it is the fiscal grand canyon endless .....