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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (16757)1/27/2009 11:07:39 AM
From: LTK0071 Recommendation  Read Replies (2) of 71447
 
Addendum.edit:On reading Marc Faber's news letter for sometime you realize regardless of his near to intermediate and moderately long calls, in the loooong run he has one certainty call, the COMPLETE FAILURE of the global financial system.

Again this is Faber just intuitively seeing the BIG PICTURE is a steady ststemic crumbling of the World Economic.
As Marc faber received his PHD in Economics at age 21(in Switzerland) and is also a master of the history of economics back thousands of years, i feel he knows what he is about.

He does NOT believe there has been any progress by economist to alter periods in history from cycling into UTTER COLLAPSE.
He, indeed, sees now, cause, for the greatest Global Collapse in human history.

But as is human nature the vast vast majority will NOT see this until after the fact, this again a lesson history teaches far far far bck into its past.
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