Tuesday, November 22, 2011

The end crisis will be postponed until the sovereigns go bankrupt

Marc Faber : "The end crisis will be postponed until the sovereigns go bankrupt,"

"They can postpone the end-game endlessly...say another five to 10 years. Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed." - in CNBC Interview

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