Saturday, May 14, 2011

Marc Faber on The government deficit reduction plans

Marc Faber  :  there have always been deficit reduction plans and none of them was kept because of politics and because of the economic situation I think may be may be you can cut the deficit from say one and half trillion dollars down to one point four trillion by a hundred billion dollars or so ,but they argued now for almost six months to cut the deficit or reduce the deficit by something like forty billion dollars ...what does it matter 40 billion dollars on one and half trillion dollars ....in CNBC

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