Marc Faber US Govt may fail in 5 to 10 years Sept 22, 2009

Marc Faber on Bloomberg TV 22 Sept

Marc Faber, publisher of the Gloom, Boom and Doom Report, talks with Bloomberg's Carol Massar about the outlook for the U.S. economy and government.
"We have zero interest rates and say, you have a million dollars in deposits that don`t get you any interest. So the system, the central bank, essentially forces you to do something to achieve some kind of return. So you take the million dollars and either you buy equities or you buy commodities or you buy bonds or foreign currencies. But you have to do something and that leads to a lot of volatility in financial markets." Marc Faber told bloomberg in another occasion

Marc Faber US Govt may fail in 5 to 10 years, Sept 22, 2009
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