Noted international contrarian Marc Faber has turned his gaze of doom on Australia, warning of tough times ahead for the nation as China slows faster than expected and the domestic “housing bubble” bursts.
In an exclusive interview with The Australian, Dr Faber — the editor
and publisher of the The Gloom, Boom & Doom Report — warned that a
downturn in commodity prices as China slowed would have damaging
consequences for the mining industry and economy of Australia.
Full Story: Dr Doom warns of tough times – theaustralian.com.au