Marc Faber explains our economic situation
Marc Faber explains our economic situation

Watch the video, and be in awe of the man’s understanding:

Zerohedge sums it up well:

If there is one thing better than Marc Faber providing a free, must-watch (and listen) 50 minute lecture on virtually everything that has transpired in the end days of modern capitalism, starting with who caused it, adjustable rate mortgages, leverage, why did the Fed let Lehman fail, why was AIG bailed out, quantitative easing, Operation Twist, where the interest on the debt is going, which bubbles he is most concerned about, a discussion of gold and silver, and culminating with his views on a world reserve currency, is him saying the following: “The views of the Keynesians like Mr. Krugman is that the fiscal deficits are far too small. One of the problems of the crisis is that it was caused by government intervention with fiscal and monetary measures. Now they tells us we didn’t intervene enough. If they really believe that they should go and live in North Korea where you have a communist system. There the government intervenes into every aspect of the economy. And look at the economic performance of North Korea.” Priceless.

Hat tip: John “Dinkum” Wagner



25 Comments
  1. 270682 800670you use a great blog here! do you wish to earn some invite posts on my small blog? 72861

  2. 474758 701388youve gotten an crucial weblog proper here! would you wish to make some invite posts on my weblog? 336033

  3. 577812 906638several thanks for telling!. Truth is typically the most effective vindication against slander. by Abraham Lincoln.. 230055

  4. 249713 16467Thanks for the auspicious writeup. It in fact used to be a leisure account it. Glance complicated to far more delivered agreeable from you! Even so, how can we be in contact? 862166

  5. 149454 233134Thanks for your time so significantly for your impressive and wonderful guide. I will not be reluctant to endorse your internet web sites to any individual who need to receive direction on this difficulty. 780475

  6. 837416 30164Im agitated all these article directories. It sure would be nice to have every article directory that instantly accepts articles. 875322

  7. 592744 645822Giving you the best News is very much imptortant to us. 853039

  8. 109360 18528 There is noticeably a bundle to know about this. I assume you made certain nice points in features also. 860620

  9. 69787 869478Thank you for the auspicious writeup. It in fact was a amusement account it. Appear advanced to a lot more added agreeable from you! Nonetheless, how could we communicate? 58901

  10. 117614 728758Wow, incredible weblog layout! How long have you been blogging for? you make blogging appear effortless. The overall appear of your internet site is wonderful, as effectively as the content material! xrumer 898656

  11. 222642 793651There some intriguing points more than time here but I dont know if I see them all center to heart. There exists some validity but Let me take hold opinion until I appear into it further. Quite very good post , thanks and now we want far more! Included with FeedBurner at exactly the same time 750019

  12. 438844 818173Keep websiteing stuff like this I really am fond of it 833693

  13. 161218 168520Enjoyed reading this, extremely great stuff, thankyou . 522371

  14. 988918 253795Jane wanted to know though your girl could certain, the cost I simply informed her she had to hang about until the young woman seemed to be to old enough. But the truth is, in which does not get your girlfriend to counteract using picking out her very own incorrect body art terribly your lady are generally like me. Citty design 712693

  15. 237524 30543I believe this web site contains very superb composed articles posts . 331793

  16. 930863 426606Thanks for the details provided! I was locating for this details for a long time, but I wasnt able to locate a reliable source. 180813

  17. 826833 496551It is hard to uncover knowledgeable men and women on this subject even so you sound like you know what you are talking about! Thanks 425834

  18. 917472 121650Some genuinely fantastic info , Gladiola I detected this. 233596

  19. 173520 44569You ought to experience a contest personally with the finest blogs on-line. Im going to suggest this page! 475906

  20. 923583 628375Oh my goodness! an wonderful write-up dude. Thank you Even so My business is experiencing difficulty with ur rss . Dont know why Unable to subscribe to it. Can there be anyone obtaining identical rss difficulty? Anybody who knows kindly respond. Thnkx 17884

  21. 127715 365845Read More HERE. I bookmarked it. 395733

  22. 711485 417516There is noticeably big money to understand about this. I suppose you made particular nice points in features also. 813199

  23. 646806 721059Hey! Do you know if they make any plugins to help with SEO? Im trying to get my blog to rank for some targeted keywords but Im not seeing extremely great results. In the event you know of any please share. Thanks! 126070

  24. Hi! Someone in my Facebook group shared
    this website with us so I came to look it over. I’m definitely loving the information. I’m bookmarking
    and will be tweeting this to my followers!

    Exceptional blog and fantastic style and design. http://www.lapetitefontaine.be/index.php/component/k2/itemlist/user/175328

  25. Wow, that’s what I was exploring for, what a material! present here at this
    web site, thanks admin of this site. http://L.e.e.U.nde.rw.ood.31.972@grupocentermil.com.br/?option=com_k2&view=itemlist&task=user&id=443770