Marc Faber America Already Has Way Too Much Debt - Tech Ticker - 09-22-09

Ken Fisher's argument that America is "under indebted" and that more debt will be a global phenomenon in the next 10-20 years raised a lot of eyebrows last week - and quite a few catcalls in our comments section. Fisher may be technically right -- that there's appetite for more US debt, but Marc Faber, editor of The Gloom, Boom & Doom Report, scoffs at the idea that it would be healthy or smart. More debt "comes at the expense of a falling dollar...and much higher inflation rates in the ... [ go to Youtube.com ]

Time : 3 min 35
Added : 25/09/09 04:37
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