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):
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Couldnt agree more, Obama has been such a disappointment. America is hurting bad. Hes probably home sleeping right now.
I honestly cannot dis-agree with him , we see way too many indicators out there not to . 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. 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. He want’s to remembered for Obamacare. The townhall meetings this past summer  mean’t nothing? (a result of Mass voting in a repub.  Where is the money coming from to pay for this?ÂÂ
hey guess what there is money. the people are broke.
CHEERS!
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. They may start a war to get out if this mess.