Just as predicted, the global economy is starting to crash. And it isn’t September yet. The Dow Jones index fell over 1.000 points yesterday, the biggest tragedy since 2008, or 7 years ago, another Shemitah-year. 1,662 more words
Tags » Marc Faber
Dr. Doom, Marc Faber joins us on Political Badger today to discuss economic troubles in China, Greece, and the U.S.
Market activities over the last two trading days have been quite thin. Most investors are sidelined anticipating the outcome for Greece. Over the weekend Greece’s creditors decided not to extend the current bailout program… 368 more words
Given all the money printing that the Federal Reserve, ECB, Bank of Japan and the Bank of China have indulged in since 2008 (otherwise known as “Quantitative Easing” or QE), some independent economic commentators such as Marc Faber and Jim Rogers talk up the potential of the next Financial Crisis being bigger than the 2008 GFC due to the unsound monetary policy of Central Banks over the last 7 years. 347 more words