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Sovereign Debt: The Next Crisis – Marc Faber

Written by admin in Saturday, May 15th 2010 Tags: crisis, Debt, Faber, Marc, Next, sovereign

Posted Jan 13, 2010 01:00pm EST After every financial crisis there’s a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the boom times start struggling to pay their competitors back, and eventually some of them default. The countries most likely to blow up this time around are the “PIIGS”: Portugal, Ireland, [...]

Marc Faber “US will default on debt or enter hyperinflation” 02-05-09

Written by admin in Thursday, April 29th 2010 Tags: 020509, Debt, default, enter, Faber, hyperinflation, Marc

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