The Situation in the US is worse than Europe

Dr .Marc Faber was asked by Yahoo Tech ticker if he believes that the The Situation in the US is worse than Europe he answered : "..Yes but the US has a huge advantage it has the printing press and they are going to print print and print with of course unintended consequences one of which is the declining onf the value of the US Dollar and another of course is the increase in the cost of living of many people and do not forget the intervention monetary wise to keep interest rates at an artificial low level has a very negative impact on the whole state pension fund industry and insurance industry- in Tech Ticker