Tag Archives: marc faber

Invented Enemies & Financial Busts

Posted on November 25, 2009 by stacyherbert| 30 Comments

Stacy Summary: Financial busts and fake enemies really go hand in hand, don’t they? America has had fake enemy after fake enemy at an ever increasing rate and it never seems to stop working. I think the latest bout of fake war would be more fun, however, if we could compete, like during the Cold War, against our fake enemies in the Olympics. Imagine if the Taliban and alQaeda sent teams to compete in downhill skiing, basketball or gymnastics? At least we would then be able to claim some ‘victories’ in the endless fake war.

Marc Faber sees a big financial bust and a war against an invented enemy

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Tagged financial busts, invented enemy, marc faber

Debt spirals, deflation returns and gold predictions

Posted on November 20, 2009 by stacyherbert| 24 Comments

Stacy Summary: These headlines do not suggest a recovery as Geithner claims, nor does it seem the worst is behind us.

Deflation returns to Japan

OECD warns that Britain risks a ‘debt spiral’

Marc Faber: Gold will probably never again be below $1000

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Tagged britain, debt spiral, deflation, gold, japan, marc faber, oecd

‘Economic provocateur’ says dollar is the ‘short of the century’

Posted on October 1, 2009 by stacyherbert| 135 Comments

Stacy Summary: ‘Economic provocateur’ is how the WSJ refers to Faber.

Marc Faber links Bernanke to Mugabe

He, like Warren Buffett, Nouriel Roubini and others, thinks the dollar is destined to erode, though Mr. Faber said it could rebound over the next few months as signs of deflation stick around. “The dollar in the long run is a doomed currency,” he said. “This is the short of the century…The government’s policy is to make it worthless.”

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Tagged bernanke, marc faber, mugabe, wsj

Hank’s inflated reserves, China’s fake data, America’s underwater mortgages & Murdoch’s unfree online news

Posted on August 6, 2009 by stacyherbert| 44 Comments

Stacy Summary: It seems perception of health is being pushed harder and harder everywhere, while most people in reality are sinking deeper and deeper underwater. By the way, Max is going to be on France24′s Face Off again today. Last time, we had the “Goldman Sachs are scum” viral hit. Lord knows what this one will bring . . .

Hank Greenberg reportedly facing lawsuit from SEC for his role in inflating AIG reserves

About half of US mortgages underwater by 2011 (h/t @Phil)

American incomes fall 4.7%, most since records began in 1960

Marc Faber: China’s numbers are fake

UK says its data shows economy on ‘cusp of fightback’ (h/t Mike/Liverpool)

Rupert Murdoch to begin charging on all his online news sites

Wall St banks and lawyers to make $1 billion to break up AIG

American woman to marry a magic carpet fairground ride

Royal Mint doubles production of gold coins to meet demand

US electronics firm closes factory in France after French workers beat up visiting American boss

Prince Bandar under house arrest for ‘conspiracy against the monarch’

Stacy – this last story about Bandar is four days old, but has not been reported in one single Western media source; if anyone finds any other reporting of it and/or a confirmation of the story, please post in comments!

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Posted in Headlines

Tagged hank greenberg, marc faber, negative equity, royal mint, sec

On the Edge with Max Keiser – 22 May 2009

Posted on May 23, 2009 by stacyherbert| 63 Comments

Stacy Summary: I will have a higher res version up shortly and the second half up even sooner! In the meantime, here is On the Edge.

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Posted in Max Keiser Video

Tagged marc faber, on the edge with max keiser

If you’re not petrified, you’re not paying attention to the 5% chance of complete collapse of global financial system

Posted on May 16, 2009 by stacyherbert| 37 Comments

Stacy Summary: It’s been compared to the Great Depression, and, as with then, there are all sorts of claims that the worst is over. I think the next leg of the crash is about to begin soon. As with the Great Depression, the second leg down is when it gets really bad. What are you thinking?