Preps and Solutions
(Sponsored Ads)
Strategic Relocation
Recently Posted Articles and Videos
Ready Nutrition - Homesteading and Preparedness
Ready Gardens - A Ready Nutrition Company
The Daily Sheeple
The Prepper Website
SGT Report
SGT Report
top Prepper Web Sites
Featured Destinations
The Liberty Mill
Web Destinations

Clarocet for Kids

Marc Faber: Financial Bust Will Lead To War

Mac Slavo
November 25th, 2009
Comment (1)
Read by 115 people

Publisher of the Gloom Boom & Doom Report, Marc Faber, speaking at a conference in Singapore November 18, 2009, suggested that once the serious financial bust occurs, governments will take their nations to war to distract the people.

In his gloomiest prediction yet, Marc Faber sees big financial bust leading to war:

“The crisis has not solved anything. On the contrary there is less transparency today than there was before. The government’s balance sheet is expanding, and the abuses that have led to the one cause of the crisis have continued.

I think eventually there will be a big bust and then the whole credit expansion will come to an end.

Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to  stimulus.

The average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war.

People ask me against whom? Well, they will invent an enemy.”

Once the public government sector is backed into a corner, and they can no longer blame private industry and the more fortunate “rich” for the problems in this country, they will deflect blame away from themselves. The easiest way to do this? Wag the dog and blame another country. China or Iran or whoever the enemy is, is irrelevant. No bought-and-paid for politician or government appointee will take the blame for the worst debt crisis in history.

Read the full article…

For additional commentary from Mike (Mish) Shedlock, click here…

Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
The Most Trusted Tactical Gas Mask In The World
Please Spread The Word And Share This Post

Author: Mac Slavo
Views: Read by 115 people
Date: November 25th, 2009

Copyright Information: Copyright SHTFplan and Mac Slavo. This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to Please contact us for permission to reproduce this content in other media formats.

One Comment...

Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
  1. Tony says:

    I do not think THE RIGHT REVEREND OF DOOM said anything new in the interview.  I like Faber because guys like Shiff and Rodgers only say the bankers are dumb….Faber goes further and calls them criminals. He is also one of the few to say that this could mean a giant catostrophe.  I real like the comments by Mish he’s just a cool rational guy who’s been dead on. To me they are put in deflatioist or inflationist camps but their public talks are right on and provide good techinical advice on market tops and bottoms. They agree a lot.  Both should be listened to


Web Design and Content Copyright 2007 - 2015 SHTF Plan - When It Hits The Fan, Don't Say We Didn't Warn You - All Rights Reserved

Our Supercharged Intel Xeon E5-2620 v4 Octo-Core Dual Servers are Powered By Liquid Web

Dedicated IP Address:

The content on this site is provided as general information only. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a financial interest in any company or advertiser referenced. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader.

SHTFplan is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to