Within 5 To 10 Years You Have A Colossal Mess Everywhere In The Western World

Eventually, you have either huge changes occurring in a peaceful fashion through reforms, or, usually, through revolutions. I think the timeframe would be within five to ten years you have a colossal mess everywhere in the Western world. I think the deficit here in the U.S. — irrespective of who is in the White House — will stay above a trillion dollars per annum for at least as far as the eye can see. - in CNBC


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.