Faber: Brace for a Global 'Reboot' and a War

Quote from HedgefunTrader2:

Doesn't he have a strong vested interest in pushing this viewpoint?
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Doesnt EVERYONE have a vested interest in pushing their viewpoints whether they are a cheerleader or a doomsayer?
 
Quote from macroman:

he is long gold and he is swiiss having CHF and religious. Must have wet dreams about gold each night.
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if so then he was right .
 
Quote from peilthetraveler:

Doesnt EVERYONE have a vested interest in pushing their viewpoints whether they are a cheerleader or a doomsayer?
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If they are selling a service, I would think so.
 
Quote from morganist:

For all of you who don't know. Marc Faber is a famous investor and economist. If he says it is bad then it is.
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I'd like to believe you but you're the same dope that thinks bearice is a worthy contributor. Kinda ruined your credibility with that one.
 
Quote from macroman:

what is his track record?
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I have been following Faber for years. He is one of the few to predict this crisis. One week before the 1987 crash, he urged investors to get out of the market. He also called the March 2009 bottom.

I agree with Faber, this will end in war. It's unavoidable. The imbalances in the global economy are too severe, and the system is breaking down faster than policymakers can react. If anything, policymakers are so beholden to special interests, namely banks, that the right policy will never be implemented, as it would affect the wealthy creditor class, thus, ensuring a breakdown leading to war.

You think global wars only exist in history books?
 
The problem with war these days is, everytime you drop a bomb, you're either destroying one of your suppliers or one of your customers.
 
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