Marc Faber: Worldwide Debt Bubble & Currency Collapse
20 minute video from Finance and Liberty published 11 August 2016
In this video Marc Faber discusses
- Market Capitalization/Valuation
- Debt Bubble
- Negative Interest Rates
- Currency Collapse
- Unfunded Liabilities
- Protecting yourself from the coming economic crisis
Great interview. I always enjoy hearing from Marc Faber. (Be sure to listen to the end for his analysis of the 2016 presidential election!)
Faber does an excellent job of describing the financial expectations for working folks in the 1970s - wages were high compared to the price of equities, interest rates provided a reasonable fixed return on savings and markets were real - not the manipulated casino of today where working folks are steered into risky investments.
It certainly does seem like (and probably is) a lot of manipulation going on these days. Data is manipulated, information is manipulated, stocks, bonds, and precious metals are manipulated. It is nearly impossible to find truth and a truly free market anywhere. That is why I cut my cable TV ties, do my own research, seek out good content, and listen to alternative media resources.
Steem on,
Mike
Again - I try to stay away from 'political' articles but this is one everybody should hear - this video seems dry if you listen with some distraction - but if you pay attention I do believe this is what our future is going to look like.
Who does he think should or should not be President? What and pay attention to the vidoe!