Marc Faber on Bloomberg Nov. 25, 2008: "The Economy is imploding!" (8min)

[LargoWinch]

"Gold is still attractive. Only buy physical gold" - Faber

"Buy this potential rally and then get out before spring...the economy is imploding" - Faber

oh and I almost forgot:

"Central banks have become asylum for economists that have turned insane and in their insanity have become money printers" - Faber

[Jim Nickerson]

Re: Marc Faber on Bloomberg Nov. 25, 2008: "The Economy is imploding!" (8min)

Except for the air-headed interviewer, this is an excellent interview. Thanks for finding and putting it up, Winch.

The dumb bitch asks what should the US do and Faber tells her in effect the US over-consumes and money needs to be channeled into productive avenues, whereupon she asks but don't you think we need to do something for the consumer? Unfucking believeable in my book.

[*T*]

Re: Marc Faber on Bloomberg Nov. 25, 2008: "The Economy is imploding!" (8min)

A bit harsh I think... she did say as an emergency measure.

[D-Mack]

Re: Marc Faber on Bloomberg Nov. 25, 2008: "The Economy is imploding!" (8min)

And remember not to store Uranium in your wife's kitchen