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Faber's outlook for 09
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Re: Faber's outlook for 09
I have heard Faber talk several times about a war & the geopolitical situation.
Not many in the economics field talk about it, what are people here on itulip thinking about it?
What I do want to contemplate is the serious prospect of war. America escaped from the depression of the 1890s with the Spanish-American War.42 It only escaped the Great Depression of the 1930s with the Second World War. There was even a recession in the late 1940s from which America only escaped with the Korean War. As we face the risk of major depression again, I believe we inevitably face the danger of major war again.
by Prof. Peter Dale Scott
http://www.globalresearch.ca/index.p...t=va&aid=11681
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