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.
In this episode, host Eric Chemi engages with Marc Faber, the Editor and Publisher of ‘The Gloom, Boom & Doom Report.’ Known for his candid and often contrarian views on...
