China Bubble Will Pop and US Is Doomed: Marc Faber

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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    Shadi Katyal

    1 decade 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    Let us assume what this article says but where would the funds be invested if withdrawn from present investment in notes,bonds etc.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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