The Global Economy is Weakening Warns Dr. Faber

"The global economy is not strengthening. It is weakening," "China is weakening. The U.S. economic statistics recently have been on the weak side." China's economy grew 7 percent in the first quarter, its worst showing in six years. The Fed made a mistake in cutting short-term interest rates to almost zero, Faber said. "The monetary policies as conducted by the Fed have created a lot of unaffordability in the system," Dr. Marc Faber told CNBC recently..."

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