Friday, August 24, 2012

Marc Faber : 100 Percent Chance of Global Recession

Marc Faber : “Europe is already in recession,” “Germany is still growing very, very slightly, but is likely to go into recession soon.” “The U.S. economy has decelerated and I don’t see much growth in the next six to 12 months,”
“I think that if you look at the injection of liquidity and the intervention by the Federal Reserve and the Treasury with fiscal measures, it has already impoverished the U.S. economy,”

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