Marc Faber on Newsmax.tv provides a detailed look at the inflation and deflation argument, inlcuding government debt, central banking and his outlook for the future.
It Took 22 Years to Get to This Point
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Yep…he says it sometime in minute 12…not word for word, but in essence:
The definition of insanity is continuously doing the same thing and expecting different results.
It’s now officially my motto.
…and thank god he said it at the end:Â it was WWII that got us out of The Great Depression – not the government nonsense before.
You gotta love how he lights up the cig during the interview.
Don’t smoke, kids.
LOL, yeah, it was funny, because at one point he was itching for the smoke and he got the lighter and pulled his smoke out of the pack and kind of put it off to the side, not sure if he should light it or not.
anyway, i’ll go have a smoke for Doc Faber right now.
Mac