Marc Faber – 3 Reasons Why This Global Collapse Will Be Much Worse Than 2008 – 2009
KingWorldNews.com
Sept. 4, 2015
With the Dow falling more than 250 points, today legendary Marc Faber warned King World News that there are 3 reasons why this global collapse will be much worse than 2008 – 2009.
Eric King: “Going back to the 2000 – 2003 unwind, nobody knew that the central planners of the word were going to come in with all this quantitative easing — the insane money printing and these ridiculous policies — but it’s unfolded that way. There was going to be this great cleansing of the system, and part of that has unfolded, but they (central planners) have postponed it repeatedly through these insane monetary policies. Are we at the end of that postponement? Is the day of reckoning finally here?”
Problem 1 – Additional Liquidity Injections Will Have To Be Huge
Marc Faber: “What is interesting in the most recent market decline is that the bond market is not acting particularly well. And additional liquidity injection, first of all, it would have to be huge. Asset purchases by the Fed of $80 billion a month, or say $1 trillion over one year, I don’t think would do the trick to really get the bull market (in stocks) going again….
The Rest…HERE
