Friday, May 21, 2010

Marc Faber : US Faces Same Economic Problems As Greece

Marc Faber : US Faces Same Economic Problems As Greece

US is as bad as Greece




"Many people haven't woken up to the severity of the US fiscal crisis, The only difference for the US from Greece is that it can print more money."
"It's not that Greece alone produced the market sell-off,It was a trigger but the market was probably overbought and we were ahead of economic fundamentals." said Marc Faber, author of the Gloom, Doom and Boom Report to CNBC

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