Monday, January 18, 2010

Marc Faber: China Bubble Will Pop and U.S. Is Doomed

The United States is “doomed” because it faces a large debt crisis, says Marc Faber, the editor of The Gloom Boom & Doom Report.He believes that the consensus is wrong and a correction could occur sooner, partly due to complacency. Huge rising debt and interest will affect the United States in the next five to 10 years.
--NewsMax.com

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