Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Wednesday, November 23, 2011
Marc Faber keynote speaker at The EPCA Annual Meeting
Dr.Marc Faber, gave an evening address and predicted more financial gloom. at The EPCA ( the European Petrochemical Association) Annual Meeting . Marc Faber told the audience to expect another financial crash , 10 years of low-to-no growth , The Middle East in flames and the U.S. and China on a collision course over access to oil in the middle east and beyond ....Marc Faber described Greece as a lost cause and should be allowed to go bankrupt , that Europe is struggling to accommodate a range of very different economies and polities at different stages of development into a single currency .China is the elephant in the room said Marc Faber noting a global shift in the balance of global economic and military power from west to east ....- via EPCA
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