Marc Faber “Bearish on Everything” Once Again

Marc Faber “Bearish on Everything” Once Again

Here’s an awesome Marc Faber interview that includes an epic libertarian rant towards the middle of the clip.

Faber is extremely cautious on China at the moment, and hence bearish on the global economy.  He thinks that in the event China tanks, the world’s central banks will not be able to print enough money in the short term to stop the massive deflation that is unleashed.

This was the first time I’ve heard him call for the elimination of the Presidency – awesome!  Though jokingly I said to a friend that I never knew Faber was such a defender of big government…only 50%?

Hat tip JL for sending this along!

Recommended related viewing: Check out Porter Stansberry’s End of America video