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Monday, September 30, 2013

Marc Faber Comments On U.S. Economy and Janet Yellen

Marc Faber says America is in QE UNLIMITED


Marc Faber says Janet Yellen will make Ben Bernanke look like a hawk:


I missed this Marc Faber interview on Bloomberg from September 18, 2013.  There really hasn't been many interviews with him as in the past.  Some of the highlights include:
  • QE benefits the top 3% of the population in America 
  • Only 11% of Americans own stocks
  • Janet Yellen's savings account plan for America  
Janet Yellen apparently favors Americans losing 5% of there bank accounts annually.  Get ready for NEGATIVE INTEREST RATES:

 
...developing...

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