It’s hard for Marc Faber to top himself, since he maintains such a cataclysmic outlook.
Still, in today’s discussion about Greece and general sovereign risks, we were very entertained by the reaction of the Power Lunch crew when Faber delivered the bad news that the US will one day, just like the others, default on its debt. Listen right at the 2:15 mark.
Join the conversation about this story »
See Also:
- Faber: If We Analyzed The U.S. As A Company, It Would Be A Distressed Piece Of Trash
- The Greece Powder Keg Explodes
- Watch Hedge Funder Hugh Hendry Fight WIth Joe Stiglitz And Say He Wants Greece To Collapse