Wednesday, September 23, 2009

The Capitalistic system will collapse Marc Faber

Wars massive government debt defaults impoverishment of large segments of Western society and Collapse of the Capitalistic system , that's the future seen by Dr Marc Faber


"The future will be a total disaster, with a collapse of our capitalistic system as we know it today, wars, massive government debt defaults and the impoverishment of large segments of Western society," Dr Doom Marc Faber wrote in the September issue of The Gloom, Boom & Doom Report.Marc Faber is very bearish on the US Dollar and has expressed in many occasions his concerns about the collapse of the dollar and rising Zimbabwe like hyperinflation in the US , but he is bullish on commodities emerging market stocks especially the Asian markets and of course precious metals gold and silver , Faber also expresses his concerns that a third World War could be very close as US is losing its position as superpower in front of an ever rising Asian bloc headed by China which could challenge America's super power title in the short term....










Tags: dollar recession depression decline US economy economic collapse crisis meltdown Bob Chapman Rand stck market gold silver Ron Paul Alex Jones Peter Schiff jim Rogers Max Keiser Marc Faber yahoo techticker www.Marcfaber.tk Peter Schiff Nouriel Roubini Ron Paul swine flu Jim Rogers US Government Obama Bankrupt Global Economic Collapse Treasury Bond Bubble The Gloom Boom and Doom Report 2009 Alex Jones Max Keiser Gerald Celente Economy collapse dollar crises finance stock market wall street bailout

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