Friday, September 26, 2008

Bloomberg Video: Marc faber on US bailout & more

Marc Faber Says U.S. Credit Losses May Total $5 Trillion

Marc Faber, well known economist and investment analyst gives an interview on Bloomberg TV, providing his views on the current crisis and the US bailout plans. He regards the proposed $700bn bailout as 'nothing' and a drop in the ocean to what is actually needed i.e. $5 Trillion.

Posted by hotfoot @ 07:40 PM (649 views)
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