Marc Faber: The European Economy will not suddenly recover. It has too many structural problems

The Gold Report:  If we were to solve the economic crisis, would that solve the banking crisis?
Marc Faber:  In my view, the European economy will not suddenly recover. It has too many structural problems. One way that the so-called "banking crisis" could be resolved, though, is to let inflation rates rise. Asset prices would then shoot up, and loan portfolios would be better covered. But I do not really think that inflation is the solution.