Faber, publisher of the Gloom Boom & Doom Report, warns
of a huge financial catastrophe on the way, which will make the
2008 financial crisis pale in comparison.
predict the timing of the next crisis, but believes the stock market
is going down because its discounting a very bad event. Faber
says government intervention has gone so far that reducing intervention
and lowering the deficit will cause temporary pain. He predicts
President Obama will do anything to get re-elected, including giving
out more handouts in exchange for votes.
with permission from Bull
Source. You can subscribe to Bull Source posts for free here.