Monday, December 12, 2011

Marc Faber : Global Collapse in Derivatives Market coming

Marc Faber : ..when you make a prediction never put a prediction time on it , i do not know when it (Global Collapse) will happen but I am convinced that one day the whole derivatives market will cease to exist will become zero , when it happens I do not know , you know you can postpone the problems with monetary measures for a long time but you can't solve them ...if there is a war in the world , you think that derivatives will be settled ?! of course not , Greece should have defaulted then it would have sent the message that not all the derivatives are equal because it depends on a counter party ...- in Reuters Interview
Click Here to watch the full interview>>>>>>

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