“This is for the first time in recorded human history from the times of Babylon up to today that we have negative interest rates,” Faber said. “And it’s not gonna end well, that I can tell you.” Dr Marc faber told Yahoo Finance
“the magicians at central banks they always come out with a new trick” to avoid a potential economic collapse, adding that he believes “it would have been better to let the crisis—already the first one in the 2000s—run its course and prevent the colossal credit bubble that was built up.”
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.
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