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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: LTK0079/23/2008 1:34:35 PM
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9/23 Marc Faber says Fed acted as drug pusher to addicts.
<<"If I'm the drug dealer I'm not responsible that everybody takes drugs, but I facilitate it, especially if I give it out free of charge, I can enlarge the market share, and that's what the Fed has done."

Also this ""People rely on the people in Congress, at the Fed, at the Treasury, people that brought us into this trouble, to take us out of trouble. I don't think they will succeed," Faber said. "We can have recovery rallies but a new high on the S&P is practically out of the question for a very long time. In real terms, equities are still very high and economically, I think the world will go into a slump."Marc Faber

Link to article and video replay

cnbc.com
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