You know that if Marc Faber, Jim Rogers, Bill Fleckenstein, or the like show up on TV, I am going to make sure you see it. Here’s Marc Faber in his usual good form. Great quote from the video:
“In my opinion to do nothing would be the best option…to let people like Citigroup go bankrupt. Let the shareholders lose everything, let the bondholders and preference shareholders lose everything, because it will be LOST ANYWAY. Next time it will be lost by the US taxpayer.”
Here’s the video link:
Enjoy!
Chris Grande
