Marc Faber on Lateline Business: Now You Need a Machine Gun
Sep.05, 2009 in
Opinion
Dr. Marc Faber being interviewed on Lateline Business on 26 August, 2009.
5:14
Question: You have no faith in the administration’s ability to wind back stimulus and start dealing with that programme?
Marc: Are you joking (while laughing). Having faith in the US administration? I wonder ‘who’ on Earth would have faith in the US administration. Certainly, not someone who thinks.
7:00
Question: Last time we spoke 5 months ago, you said I should buy a farm and a gun . . .
Marc: (laughing) Now you need a machine gun.
8:13
Question: Is there anything that? you can tell me that could possibly derail your incredibly pessimistic scenario.
Marc: Uhhh . . . No.
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September 10th, 2009 at 3:58 am
This guy is not alone in his assessment. Let’s hope for the best.