Dr Doom Marc Faber's Lecture, October 11, 2008 in Ljubljana Slovenija
Marc Faber, who predicted this bear market along with other prominent economists and investors , gives a fantastic, detailed lecture on the economy, monetary policy, gold, and inflation. Needless to say, he is still a bear. These are must watch videos.
Marc Faber goes in details and explains how the FED created one bubble after the other the dot com bubble them the housing bubble the credit bubble ...with ultra low interest rates which leads to strong monetary growth and in particular in the US to strong debt growth
Tags: economics credit crisis marc faber recession federal reserve gold inflation
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