Friday, October 15, 2010

Marc Faber US Bonds May become Worthless

Dr Doom Marc Faber told the German newspaper Handelsblatt that bond yields will rise massively and U.S. government bonds could eventually become worthless as central banks worldwide , led by the Federal Reserve, keep on printing more money in an effort to boost economies, “Over the next 10 years, we won’t see any restrictive monetary policy anymore and no real interest rates above zero,” mac Faber was reported saying to the German  newspaper . Bond yields will “rise massively,” Marc Faber explained.

via www.handelsblatt.com

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