Marc Faber joins CNBC to discuss the global economic outlook on January 22, 2010.
“I don’t have a very high opinion of Mr. Obama. I mean, I was very negative of Mr. Bush, but I think Mr. Obama makes him look like a genius.
So, you can imagine what I think of Mr. Obama’s economic policy initiatives across the board. It’s been, so far, a complete failure.”
In typical Faber fashion, the good doctor discusses his view on where we’re headed:
“I’ll tell you, when you look at the United States, you cannot imagine that they can solve their problems. It’s a total disaster. We’re all doomed, we’re doomed!”
Watch Marc Faber on CNBC Below (Part 1 of 2):
Watch Marc Faber on CNBC Below (Part 2 of 2):
Couldnt agree more, Obama has been such a disappointment.Â America is hurting bad.Â Hes probably home sleeping right now.
I honestly cannot dis-agree with him , we see way too many indicators out there not to .Â And as a side note this to me is just another indicator that my “Prepring ” is justified !
The first black president and I knew all along he was only given power so that he could be a scapegoat. I never thought the future was going to look like a Mad Max movie.
the dems have been in control for 1 year now, from the house, senate and president.Â They can’t pass much of anything and it’s all Bush’s fault? I don’t buy that. The people of Mass spoke. The Pres is in contempt of the people.Â He want’s to remembered for Obamacare. The townhall meetings this past summer Â mean’t nothing?Â (a result of Mass voting in a repub. Â Where is the money coming from to pay for this?Â
hey guess what there is money. the people are broke.
ooops, i mean’t there is NO money.
Our masters have almost finished the job of looting the country so get ready for the Reichstag fire with O and his band of merry Czars as the beneficiaries.Â They may start a war to get out if this mess.