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Marc Faber: US and China on a Collision Course Bull Source
Marc Faber, publisher of the Gloom, Boom & Doom Report, speaks with Bloomberg about China’s economy. Faber believes China has a property bubble, but the whole economy may not go into recession. Some sectors may still expand, says Faber. He thinks inflation is a dangerous situation worldwide. China and the
US are on a collision course both economically and politically,
Faber argues. He doesn’t think the US stock market will reach
a new high in the near term. Reprinted with permission from Bull Source. You can subscribe to Bull Source posts for free here.
November 22, 2010 © 2010 Bull Source Dr. Marc Faber [send him mail] lives in Chiangmai, Thailand and is the author of Tomorrow's Gold.
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