Marc Faber Tells CNBC: ‘Expecting The U.S. To Balance Its Budget Is Like Expecting My Rottweilers To Hoard Sausages… Markets Will Punish Central Banks For Printing… And You Should Buy Yourself A Machine Gun!!

Marc Faber Tells CNBC: ‘Expecting The U.S. To Balance Its Budget Is Like Expecting My Rottweilers To Hoard Sausages… Markets Will Punish Central Banks For Printing… And You Should Buy Yourself A Machine Gun!!
It’s Not News Yet

The Coming Derivatives Panic That Will Destroy Global Financial Markets.

There is a reason why Warren Buffett once referred to derivatives as “financial weapons of mass destruction”. Nobody really knows the total value of all the derivatives that are floating around out there, but estimates place the notional value of the global derivatives market anywhere from 600 trillion dollars all the way up to 1.5 quadrillion dollars.
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