Marc Faber: A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It
HomeBlogMarc Faber: A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It
Adam Taggart
To-date, Adam’s efforts have educated and informed millions of people just like you, and directed hundreds of $millions of their investment capital into good protection and stewardship – achievements he’s very proud of because he predicts challenging times lie ahead for the unprepared investor.
Dr Marc Faber returns to the program to provide his latest macro outlook. Marc is a PhD in economics, author and long-time Editor & Publisher of the Gloom Boom Doom Report.
It’s quite pessimistic, as Marc sees the combination of ‘too much debt’, asset bubbles, a moribund global economy, and smoldering social unrest resulting from historic levels of wealth inequality serve as a pressure cooker that will break badly somewhere in the system.
Add in short-sighted (incompetent) political decision making & he sees a highly turbulent era ahead. One in which “a lot of people are going to lose a lot of money”
Stock, bond, real estate — all these markets are vulnerable and likely to drop much further from here in Marc’s estimation.
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