"Dr .Marc Faber was
asked by Yahoo Tech ticker if he believes that the The Situation in the US is
worse than Europe he answered : "..Yes but the US has a huge advantage it has
the printing press and they are going to print print and print with of course
unintended consequences one of which is the declining onf the value of the US
Dollar and another of course is the increase in the cost of living of many
people and do not forget the intervention monetary wise to keep interest rates
at an artificial low level has a very negative impact on the whole state pension
fund industry and insurance industry..."
at http://marcfaberchannel.blogspot.com/2011/09/situation-in-us-is-worse-than-europe.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28Marc+Faber+Blog%29
at http://marcfaberchannel.blogspot.com/2011/09/situation-in-us-is-worse-than-europe.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28Marc+Faber+Blog%29
