Marc Faber Warns : Central Banks will go Bust

(Before It's News)

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

World renown author and forecaster Marc Faber’s [Tomorrow's Gold: Asia's age of discovery, Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets,The Great Money Illusion; The Confusion Of The Confusions] latest take on the situation:

“There are reasons to believe that central banks will go bust.”

Systemically I think they have allowed the debt level to expand, particularly they have allowed government credit to expand as a…

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