"Marc Faber : “In my view we have too much debt in the household level, the student level and the government level.” Faber predicted deficits over a trillion dollars in America for the next 10 years. He says this will will hurt economic growth immensely.“I'm ultra bearish on paper money,” said Faber. “There is a bubble in government bonds. People will realize that their money will lose purchasing power and will no longer trust to buy government bonds, notes or bills.”- in The Bubble Film"
at http://marcfaberchannel.blogspot.com/2013/01/marc-faber-i-am-ultra-bearish-on-paper.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28Marc+Faber+Blog%29
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