20 minute video from Finance and Liberty published 11 August 2016
In this video Marc Faber discusses
- Market Capitalization/Valuation
- Debt Bubble
- Negative Interest Rates
- Currency Collapse
- Unfunded Liabilities
- Protecting yourself from the coming economic crisis
Great interview. I always enjoy hearing from Marc Faber. (Be sure to listen to the end for his analysis of the 2016 presidential election!)
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Faber does an excellent job of describing the financial expectations for working folks in the 1970s - wages were high compared to the price of equities, interest rates provided a reasonable fixed return on savings and markets were real - not the manipulated casino of today where working folks are steered into risky investments.
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It certainly does seem like (and probably is) a lot of manipulation going on these days. Data is manipulated, information is manipulated, stocks, bonds, and precious metals are manipulated. It is nearly impossible to find truth and a truly free market anywhere. That is why I cut my cable TV ties, do my own research, seek out good content, and listen to alternative media resources.
Steem on,
Mike
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Again - I try to stay away from 'political' articles but this is one everybody should hear - this video seems dry if you listen with some distraction - but if you pay attention I do believe this is what our future is going to look like.
Who does he think should or should not be President? What and pay attention to the vidoe!
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