Marc Faber : we are in the midst of a crack-up boom that is not sustainable

Marc Faber McAlvany Interview 23 February 2011.
Interview with Dr. Marc Faber : Measuring with the Proper Unit of Account...Gold
A Look At This Week's Show:
- Germans not happy with bailout of P.I.I.G.S.
- "The budget will never again be balanced"
- Even if commodities drop, gold should still rise



Marc Faber :" I think we are all doomed. I think what will happen is that we are in the midst of a kind of a crack-up boom that is not sustainable, that eventually the economy will deteriorate, that there will be more money-printing, and then you have inflation, and a poor economy, an extreme form of stagflation, and, eventually, in that situation, countries go to war, and, as a whole, derivatives, the market, and everything will collapse, and like a computer when it crashes, you will have to reboot it."....