Preps and Solutions
(Sponsored Ads)
Silver
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
Silver

Marc Faber: What We’ve Seen is Just the Tip of the Iceberg (December 2009)

Mac Slavo
December 3rd, 2009
SHTFplan.com
Comments (2)
Read by 87 people

Gloom Boom & Doom Report editor Marc Faber on Bloomberg December 1, 2009.

Historically, occasionally there were huge sovereign defaults and governments sponsored enterprise defaults. So, what we’ve seen is just the tip of the iceberg. I just maintain that we had a financial crisis in 2008. We then had stimulus packages and quantitative easing. But nothing has been resolved. It’s just being postponed.

The ultimate crisis will not just bankrupt the banking system and the financial sector as has happened in 2008, but it will bankrupt governments.

Listen to Marc Faber on Bloomberg (December 2009):

Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
Gas Masks, Filters, Body Suits, Anti Radiation Pills
Please Spread The Word And Share This Post

Author: Mac Slavo
Views: Read by 87 people
Date: December 3rd, 2009
Website: www.SHTFplan.com

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 www.shtfplan.com. Please contact us for permission to reproduce this content in other media formats.

2 Comments...

Vote: Click here to vote for SHTF Plan as a Top Prepper Web Site
  1. Mr. Faber is not alone in his assessment , many in all walks of life are saying the same thing . Even  Pastor David Wilkerson has weighed in on this subject with a prophesy saying that the Melt down starts big time in Europe then comes over to the Americas . When Mexico fails two weeks later the US will.  Personally I beleave him , Not just  because he is a pastor but because it FITS .

 

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: 69.167.174.108

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 Amazon.com.