Economist Marc Faber on where the US economy is headed

January 27, 2011 11:48


Printing money and huge deficits are propping up growth but one day the burden of these deficits will have to be paid either through inflation or higher interest on the debt which will be paid by your children. ‘The economy has become a drug addict and by injecting more drugs you’re not going to solve the problem. You have to put it into rehab.’



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