Marc Faber to Tech Ticker We are Doomed 12 Jan 2010
The FED makes record profit thanks to the Financial Rescue : 51 billions last year 46 B coming from the rescue effort , Marc Faber author of the Gloom Boom and Doom report tells Tech Ticker "The FED was not audited , so the profit who knows ???" In fact far from any auditing who could tell what are the real profits of the FED ! Marc Faber added that the private sector is acting rationally while the Government is not ...
Dr. Marc Faber also known as Dr Doom is an investment adviser, investment analyst and fund manager author and publisher of the Gloom Boom & Doom Report . Dr Faber is known for his contrarian investment approach. Dr Marc Faber is associated with a variety of funds and is a member of the Board of Directors of numerous companies.
he became well known for advising his clients to get out of the stock market one week before the October 1987 crash. Dr Doom motto is "Follow the course opposite to custom and you will almost be right"
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