{"id":174588,"date":"2010-01-13T07:32:22","date_gmt":"2010-01-13T12:32:22","guid":{"rendered":"http:\/\/www.businessinsider.com\/marc-faber-on-bloomberg-2010-1"},"modified":"2010-01-13T07:32:22","modified_gmt":"2010-01-13T12:32:22","slug":"marc-faber-the-us-debt-timebomb-explodes-in-5-10-years","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/174588","title":{"rendered":"Marc Faber: The US Debt Timebomb Explodes In 5-10 Years"},"content":{"rendered":"<p>Marc Faber appeared on Bloomberg yesterday evening, and as always he was provocative. A few points<\/p>\n<ul>\n<li>He sees a correction in the near-term, but a possible rally in the second half of the year. Though he doesn&#8217;t see the rally hitting new highs.<\/li>\n<li>As far as bubbles, he&#8217;s particularly concerned about US debt, and says in 5-10 years the interest rates will become a major problem.<\/li>\n<li>And in terms of currency, he thinks it&#8217;s silly to think that a weak US dollar will save our export sector. If that&#8217;s all it took, he argues, Zimbabwe and Latin America in the 80s would have been export and manufacturing powerhouses<\/li>\n<\/ul>\n<p>\n<object width=\"560\" height=\"340\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/wTvv0nNvFnQ&amp;hl=en_US&amp;fs=1&amp;\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><embed type=\"application\/x-shockwave-flash\" width=\"560\" height=\"340\" src=\"http:\/\/www.youtube.com\/v\/wTvv0nNvFnQ&amp;hl=en_US&amp;fs=1&amp;\" allowscriptaccess=\"always\" allowfullscreen=\"true\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/marc-faber-on-bloomberg-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/marc-faber-will-always-be-right-2010-1\">Marc Faber&#8217;s Genius Is That He Can Never Be Wrong<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/marc-fabers-predictions-for-2010-2009-12\">Marc Faber: Treasuries Are For Idiots, Watch Out For A 10-20% Correction In Stocks Before Another Rally<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/faber-dollar-will-rally-10-more-stocks-will-keep-running-higher-2009-12\">Faber: Dollar Will Rally 10% More, Stocks Will Keep Running Higher<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/aDzVXmCGKNk\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marc Faber appeared on Bloomberg yesterday evening, and as always he was provocative. A few points He sees a correction in the near-term, but a possible rally in the second half of the year. Though he doesn&#8217;t see the rally hitting new highs. As far as bubbles, he&#8217;s particularly concerned about US debt, and says [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-174588","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/174588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=174588"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/174588\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=174588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=174588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=174588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}