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Monday, May 21, 2012
Marc Faber : China Not Greece The Biggest Risk to Global Economy
Marc Faber : "I think the biggest risk is actually China because if you look at Greece, it's an insignificant economy," “Capital Connection.” "Yes, they owe money, but the market knows that it's bankrupt." Marc Faber said on CNBC Asia's last Friday "In turn, this has a huge impact on the economies of countries like Brazil, the Middle East, Central Asia, Africa, and Australasia, so these countries could slow down meaningfully," he added