Marc Faber: US and China on a Collision Course
Faber, publisher of the Gloom, Boom & Doom Report, speaks
with Bloomberg about Chinas economy.
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 doesnt think the US stock market will reach
a new high in the near term.
with permission from Bull
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2010 Bull Source
Marc Faber [send him
mail] lives in Chiangmai, Thailand and is the author of Tomorrow's
Best of Marc Faber