Marc Faber: “I Think it Might Be Far Worse [Than the Great Depression] Precisely Because of the Interventions” by the Government → Washingtons Blog
Marc Faber: “I Think it Might Be Far Worse [Than the Great Depression] Precisely Because of the Interventions” by the Government - Washingtons Blog

Monday, January 12, 2009

Marc Faber: “I Think it Might Be Far Worse [Than the Great Depression] Precisely Because of the Interventions” by the Government


PhD Economist Marc Faber writes:

Economic conditions may turn out to be far worse than in previous recessions, including the Great Depression at the beginning of the 1930s. Everybody seems to think that, thanks to the government's monetary and fiscal interventions, this recession will come nowhere near the 1930s slump. However, I think it might be far worse – and precisely because of the interventions.

Nice going Paulson, Bernanke and Frank.

4 comments:

  1. HEDONISMmememeHEDONISMmememe

    God cursed America. The land you used to love.
    He stood beside Her, and he guided her
    Through the night with the Light of his love.
    From the mountains to the oceans
    To the prairies bright with grain.
    God cursed America, your home sweet home.
    WHY did God curse America?

    ReplyDelete
  2. Let's see ... this is the 21st Century and people still believe in curses?

    Tell you what, invite God over for Saturday dinner ... and me. I WILL PAY FOR EVERYTHING!!!

    Good food, good drink, good conversation, good cigars.

    I want to ask God why he didn't put his finger on the ark and drown humanity forever.

    Any species that complicates its lives with this kind of nonsense, should have been extinct long ago.

    ReplyDelete
  3. Blessing and curse are before you, Edward, states the Bible. Choose ye this day whom you will serve. God is good. In His presence there is blessing. We call upon Him to bless by being with us.

    But to drive Him away is to invite ruin. It is to curse one's self. For the absence of God's Spirit in protection, provision guidance and care is a curse. It is the curse of the absence of God.

    You will invite God for dinner and pay for everything?? How so?? The Creator owns everything. The cattle on a 1000 hills are His. He has created them. Yet you think you can buy God something as if He doesn't own it?? Feel the breath in your mouth. It is in the very hands of God. When He takes your breath, your life here will be ended.

    The wise man honors God.

    And recognizes God is wiser and greater than man.

    ReplyDelete
  4. Marc Faber is a short... What else would he say?

    ReplyDelete

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