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?Marc Faber Warns of a Severe Recession ,This is Just The First leg in a Long Term Bear Market

?Marc Faber Warns of a Severe Recession ,This is Just The First leg in a Long Term Bear Market
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The United States is only weeks away from a complete shutdown. The world economy is only a couple of months away from a total collapse. The vaccine will not be here in time to prevent a global depression. Many will die and the world will change forever. Never again will we blindly follow government lies.
Fed to pump in more than $1 trillion in dramatic ramping up of market intervention.
And It is not working.
Money is not the answer to save the corporations who spend hundreds of millions to CEOs’ and screw the employees.
They chose Corporate profits over the citizen’s health. This system is too corrupt to be allowed to stand.
The U.S. Now Has the Largest Trade Deficit In the History of the Country.
Bank of Canada lowered another .5 point today ; only ten days after the last .5 point drop. Chartered banks’ liquidity requirements also lowered.

The world is going meltdown, and the majority don’t understand what is happening.
Global economies, for the next year at least, will dramatically slump with travel restrictions, bans on public gatherings, and the long term consequences are unknowable.
Domino effect….bankruptcies, debt explosions.
Both governmental and private / household debt (already at an extreme on all counts) as a result of the 40 years “trickle-down” Ponzi.
Treasuries are at negative yield, and the Fed may still yet cut more as the crisis continues.
When the tentative question of foreign holdings dumping negative-returning assets & forcing the Fed to never seen extremes isn’t hard to fathom.

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The Death of Money: The Coming Collapse of the International Monetary System https://amzn.to/2L2688q

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Marc Faber
Marc Faber (born February 28, 1946) is a Swiss investor based in Thailand. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. Faber also serves as director, advisor, and shareholder of a number of investment funds that focus on emerging and frontier markets, including Leopard Capital’s Leopard Cambodia Fund and Asia Frontier Capital Ltd.'s AFC Asia Frontier Fund.
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