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Monday, October 1, 2012

Video - US Economy 100% Chance of Another Recession

Marc Faber : “It has a huge rally from around – the low was a 1522 last December and we are now over 1700 and I think we need a correction here. In fact, I am now bearish about practically all assets near term I think we’re entering a correction time where there will be some disappointments, where stock markets, from the recent times can easily drop 20%.”

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Wealth Inequality And The Income Inequality Is Far Larger Than 20 or 30 Years Ago

Marc Faber : Basically we have one thing for sure, is that today the wealth inequality and the income inequality between say the 1 percent wealthiest people and the 99 percent that are less wealthy is far larger than it was 20 or 30 years ago. And very clearly money printing historically has always benefited a few at the expense of the many. - in a recent interview on asset bubbles
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
MARC FABER BLOG

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