Marc Faber: I am a Great Optimist…Otherwise I Would Commit Suicide

Marc Faber: I am a Great Optimist…Otherwise I Would Commit Suicide

Here’s Marc Faber on CNBC last week, commenting on the European/world sovereign debt crisis:

  • He believes the ECB will eventually follow the Fed in printing money
  • Thinks the end crisis will be postponed until the sovereigns go bankrupt
  • Says “each money printing exercise brings about unintended consequences”
  • Hilariously he refers to himself as “a great optimist”, continuing that “otherwise I would commit suicide in view of the kind of governments we have nowadays”

Hat tip JL for the early morning text message when Faber popped on CNBC!

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