Marc Faber : Massive Wealth destruction coming

Marc Faber : “Massive wealth destruction coming,” Marc Faber warned in an interview on CNBC in 13 July 2012 , The Super-Rich “may lose up to 50 percent of their total wealth.”
“Somewhere down the line we will have a massive wealth destruction. That usually happens either through very high inflation or through social unrest or through war or credit-market collapse.”