Marc Faber Video – ‘We will see QE18 before the Fed is done’

March 17, 2011 by · Leave a Comment
Filed under: Videos 

Dr. Marc Faber as we know has a very pessimistic view of the U.S. economy and the level of debt in the global economy.   This is a solid video talking about Japan and spillover effects on the economy.   Hope you enjoy the video, it is worth the watch.

Video (Marc Faber):

Link to Video (Scroll down, its on the front page)

Link to Story (CNBC)

“” Speaking as global markets fell violently lower in the wake of the Japan earthquake and fears of a nuclear meltdown, Faber said a stock correction actually is healthy in view of how far equities have come from the March 2009 lows.

He also expects weakness to persist and the Standard & Poor’s 500 to drop as much as 15 percent. Further, Fed Chairman Ben Bernanke will likely give the green light to another round of Treasurys purchases, which have come to be known as quantitative easing, he said.

“We may drop 10 to 15 percent. Then QE 2 will come, (then) QE 4, QE 5, QE 6, QE 7—whatever you want. The money printer will continue to print, that I’m sure,” said the author of the Gloom, Boom and Doom Report. Later in the interview, he added, “Actually I made a mistake. I meant to say QE 18.”

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