China Bubble Will Pop and US Is Doomed: Marc Faber

19 January 2010

China could see an end to its bubble from too much debt, but it will probably not occur in the near term. However, huge rising debt and interest will affect the United States in the next five to 10 years.

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COMMENTS

Shadi Katyal

9 years ago

I like the name of magazine DOOM and GLOOM and what would you expect but negativity.
Let us assume what this article says but where would the funds be invested if withdrawn from present investment in notes,bonds etc. How will there be any return on such funds lying in banks etc.
One forgets that USA even with all the difficulties and unemployment is still way ahead in technologies and thus can continue to prosper maybe on lwoer rate.
It is shame that when things are tough there are more gloom and doom sayers.

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A date with history

19 January 2010

When the French invented the metric system in 1795, two years after they changed the calendar, they decimalised everything except time. What if they had not?

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Amid all the gloom, Goldman sees a ray of hope

19 January 2010

Goldman says that now is the time to buy equities—and lots of them. It believes that the world economy will chug along faster than expected and corporate profits are bound to go up.

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