"In the U.S., the market could easily drop 20 percent
to 40 percent," he said. The downside risk is lower in already depressed
markets outside the U.S., he added..."
at http://www.marcfabernews.com/2015/07/strong-deflationary-forces-despite-all.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28MARC+FABER+BLOG%29#.VbKVlPnQqm4
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