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A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It | Marc Faber

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Dr Marc Faber returns to the program to provide his latest macro outlook. Marc is a PhD in economics, author and long-time Editor & Publisher of the Gloom Boom Doom Report.

It's quite pessimistic, as Marc sees the combination of 'too much debt', asset bubbles, a moribund global economy, and smoldering social unrest resulting from historic levels of wealth inequality serve as a pressure cooker that will break badly somewhere in the system.

Add in short-sighted (incompetent) political decision making & he sees a highly turbulent era ahead. One in which "a lot of people are going to lose a lot of money"

Stock, bond, real estate -- all these markets are vulnerable and likely to drop much further from here in Marc's estimation.
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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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