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The Whole Global Financial System Will Have To Be Reset
Wednesday, November 14, 2012 20:22
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I think the whole global financial system will have to be reset and it won’t be reset by central bankers but by imploding markets — either the currency markets, debt market or stock markets. It will happen — it will happen one day and then we’ll be lucky if we still have 50 percent of the asset values that we have today. – in CNBC
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
2012-11-14 17:00:07
Source: http://faber-blog.blogspot.com/2012/11/the-whole-global-financial-system-will.html
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