Video: When Will Greek Contagion Hit the U.S.? – Marc Faber

(FoxBusiness) – May 10 – The Gloom, Boom and Doom Report Publisher Marc Faber weigh in on the future of the global and U.S. markets. Continue reading

Video: Marc Faber on BNN in Canada – Dr. Doom on the Economy

(BNN) – May 7, 2010 – “The whole financial system in the world will reset” – “it’s very dangerous in life to be right when the governments wrong” Continue reading

Economy

(RussiaToday) – Video: World economies in depression – Webster Tarpley – View Video Here

Video: Letterman – Brian Williams On The Stock Market Collapse – View Video Here

(Fox) – Video: Ron Paul on FOX News – “This is a currency crisis” – Video Link Here

Video: Senate Sellout Threatens Ron Paul’s Audit the Fed Bill – View Video Here

(AFP) – Merkel blasts ‘treacherous’ banks in Greek crisis

German Chancellor Angela Merkel on Thursday slammed “treacherous” practices by banks during the Greek crisis and said governments must crack down on speculators hunting profits in the turmoil. Read More Here

(GlobalResearch) – The Global Economic Crisis, The Great Depression of the XXI Century – Michel Chossudovsky

The following text is the Preface of The Global Economic Crisis. The Great Depression of the XXI Century, Michel Chossudovsky and Andrew Gavin Marshall (Editors), Montreal, Global Research, 2010, which is to be launched in late May.

Each of the authors in this timely collection digs beneath the gilded surface to reveal a complex web of deceit and media distortion which serves to conceal the workings of the global economic system and its devastating impacts on people’s lives. Read More Here

(C-SPAN) – Video: Ron Paul – Money Isn’t Worth What It Used To Be! – View Video Here

(Infowars) – Video: Bankers Laughing All the Way to the Bank

The ‘Audit the Fed’ bill has been watered down by Senator Bernard Sanders right at the last minute (a common strategy: pretend to be a populist, then at the last minute, the politician “gives in” in the spirit of compromise). The Audit the Fed bill could go to vote in the Senate any day now. View Video Here

(Infowars) – Video: Greg Palast Tells How The IMF Set-Up Iceland & Greece on Alex Jones TV – View Video Here

(StraitsTimes) – Romania braces for austerity

ROMANIA braced on Friday for a wave of protests after the president unveiled austerity cuts in public sector wages and pensions to meet a deficit target set by the IMF and avoid a Greek emergency scenario. Read More Here

(CNSNews) – Sen. Shelby: Financial Reform Violates Privacy

Sen. Richard Shelby (R-Ala.), senior Republican on the Senate Banking Committee, said that provisions in the new financial regulatory bill violate privacy rights by allowing the government to collect any financial information it wants from any financial institution it wants. Read More Here

(GlobalResearch) – Economic Slash and Burn: Greece’s Deadly Austerity Measures

The Greek government, and its citizens, are feeling the economic pinch. A brutal reaction to protestors who fear the winding back of the country’s social system has stunned visitors and the public alike. A general strike has been in progress that has crippled schools, hospitals, airline flights and ferries. Protestors have swarmed around the central square in front of Parliament. Read More Here

(USAWatchdog) – The Canary is Dead

In the early days of coal mining, canaries acted as a warning that odorless poisonous gas was present. If there was a dangerous gas build-up, the canary would be the first to keel over. You can use the “canary in a coal mine” metaphor to describe the situation in today’s financial world. Greece is the canary. Read More Here

(BusinessInsider) – The “Real” Unemployment Rate Jumps To 17.1%

The BLS’s U-6 number, which is sometimes called the “real” unemployment rate, because it takes into discouraged workers who aren’t looking for work ticked up in April from 16.9% to 17.1%. Read More Here

(Bloomberg) – SEC Probes Whether Shock Stock Plunge Exploited Illegally

U.S. regulators plan to examine whether securities professionals triggered yesterday’s stock- market plunge or exploited the turmoil to profit illegally, two people with direct knowledge of the matter said. Read More Here

(Xinhua) – Greek protesters encircle parliament as new austerity measures approved

Tens of thousands of Greek citizens marched in the center of Athens on Thursday afternoon, encircling the parliament building, while inside the bill on the new austerity measures was approved. Read More Here

(BusinessInsider) – Amazing Audio From The S&P 500 Pits As The Market Goes Into Complete Collapse – Audio Link Here

(PrisonPlanet) – Audit the Fed Amendment Modified – Allows Fed To Keep Secrets

Ron Paul just posted the following message on Facebook:

Ron Paul: “Bernie Sanders has sold out and sided with Chris Dodd to gut Audit the Fed in the Senate. His “compromise” is what the Administration and banking interests want: they’ll allow the TARP and TALF to be audited, but no transparency of the FOMC, discount window operations or agreement with foreign central banks. We need to take action and stop this!” Read More Here

(Neithercorp) – Economy Kept On Life Support While Global Governance Is Organized

While the mainstream media puts on the recovery song and dance, the fundamental problems of the collapse remain the same, and in some cases are growing ever more precarious. Subsections of the public, unaware of the real issues at hand, are holding a misguided jubilee in the tranquil eye of a hurricane, wrongly assuming that the storm has passed. Read More Here

(FireDogLake) – As Dow Swings, Obama To Come Out Against Audit the Fed Today – Read More Here

(Bloomberg) – Video: Marc Faber On Dow Plunge

“The governments are all bankrupt and they can only survive by printing money” – View Video Here

(PaulWatson) – EU Is Collapsing Like Tower Of Babel

But World Bank and IMF vultures are lying in wait to feed on the remains of Greece Continue reading

Video: Marc Faber on Bloomberg – ‘Eventually There Will Be A Massive Crash’

Marc Faber, publisher of the Gloom, Boom & Doom report, talks about growth in lending and increases in property prices in China. Faber also discusses his caution about buying industrial commodities and Australian stocks. He speaks with Bloomberg’s Liza Lin in Singapore. Continue reading

Video: Mish and Faber – US Destined for Failure

The government leads you to believe that we are in an economic recovery…however it is actually the total opposite. A depression and inflation are what the US is looking forward to. Continue reading

Video: Marc Faber – “Total Collapse Will Come” – Economic Armageddon – Dollar Crash

Marc Faber predicts with certainty that the United States will go through high inflation and a lower standard of living. Expect wars and currency re-evaluation. Continue reading

Video: Ferguson and Faber – Sovereign Debt Crisis Will Spread World-Wide, U.S. Debt Is Unsafe

(WashingtonsBlog) – In a must-read essay, Niall Ferguson slams the prevailing Keynesian consensus, and says that the sovereign debt crisis in Greece will spread to America:

What we in the western world are about to learn is that there is no such thing as a Keynesian free lunch…

US government debt is a safe haven the way pearl harbor was a safe haven in 1941.

And in a must-watch interview, Marc Faber says that the US, Europe and the entire developed world will default on their debt:
Watch Video at Source

See Also:

Both long and short U.S. bond auctions are starting to fail. See this, this, this and this.

Tyler Durden concludes:

China is finally coming through on its Bond boycott promises.

For background, see this.

Video: Marc Faber – America is Going Bust, Gold is the Savior

(RussiaToday) – Marc Faber, author of Gloom Boom and Doom Report says many Western governments would eventually follow the US ‘inevitable’ default suit. Outspoken investor and writer Marc Faber doesnt give America much time before it goes bust. Continue reading

Video: Peter Schiff and Jim Rogers are Financial Terrorists – Max Keiser

Max Keiser talks to Stacy Herbert about financial terrorism, Osama bin Laden, Peter Schiff, the world reserve currency, Jim Rogers, Marc Faber, Green Peace, Exxon Mobil, eco-terrorism, Sean Hannity, Bill O’Reilly, the war on drugs, CIA drug trade, the war on terror, false flag operations, Glenn Beck, propaganda. Continue reading

Video: Marc Faber on The Alex Jones Show – World Economy Is Doomed

Alex talks with contrarian investment analyst and entrepreneur Marc Faber. Faber publishes the monthly investment newsletter The Gloom Boom & Doom Report. On March 9 2009, he correctly predicted a U.S. stock market bottom. Continue reading

Video: Marc Faber – The Next Crisis, Sovereign Debt

(Yahoo) – After every financial crisis there’s a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the boom times start struggling to pay their competitors back, and eventually some of them default. Continue reading

MSM: Marc Faber, Dollar Will Eventually Go to Value of Zero

(Bloomberg) – Marc Faber, publisher of the Gloom, Boom & Doom Report, appeared on Bloomberg today, expanding his view on the inflation/deflation, strong and weak US dollar debate. According to him, the losers will be cash and treasury bond and the winners will be foreign currency and commodities. Equities have some power to hedge inflation. Continue reading

How Did America Fall So Fast?

In 2000, America was described as the sole remaining superpower – or even the world’s “hyperpower”. Now we’re in real trouble (at the very least, you have to admit that we’re losing power and wealth in comparison with China).
How did it happen so fast? Continue reading

Video: Marc Faber Dollar decline and inflation

(Bloomberg) – October 13, 2009 – Marc Faber, publisher of the Gloom, Boom & Doom Report, talks with Bloomberg’s Bernard Lo about Faber’s investment strategy Continue reading

Video: Marc Faber No Revival in US, Big crisis ahead

(CNBC) – Oct 3, 2009 – Marc Faber, Editor and Publisher of the Gloom, Boom & Doom Report feels nothing has been solved in the US in the last 6-9 months and that a big economic crisis was still to be seen ahead. Continue reading

Video: Marc Faber and Nouriel Roubini

(CNBC) – Squawk Box – October 1st, 2009 Continue reading

CAUTION: Crash/Collapse Dead Ahead Say Faber, Rogers, Dent and Celente

After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over the last couple of weeks. For those that follow contrarian investors like Marc Faber, Jim Rogers, Gerald Celente and Harry Dent, this should come as no surprise. Continue reading

MSM: FBI Whistleblower – Hastert, Burton, Blunt, Other Members of Congress ‘Bribed, Blackmailed’

(HuffingtonPost) – Breaking Down the Under-Oath Disclosures of the Formerly-Gagged Sibel Edmonds…
It has now been over a week since the video tape and transcript from the remarkable 8/8/09 deposition of former FBI translator-turned-whistleblower Sibel Edmonds was publicly released. Previously, the Bush Administration invoked the so-called “state secrets privilege” in order to gag Edmonds, in attempting to keep such information from becoming public. Continue reading

Video: Marc Faber Slams Central Banks

In an August 12th CNBC interview, PhD economist Marc Faber slammed central banks: Continue reading

Marc Faber Says America Will Launch More Wars to Distract from Bad Economy

The claim that America would launch more wars to the help the economy is outrageous, right? Continue reading

Money printing, debt growth and deficits don’t create prosperity, says Marc Faber

Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said the US Federal Reserve managed, through stimulus, to do something that had never before been done – create a worldwide bubble in just about everything -stocks, bonds , housing and art. Continue reading

Inflation, Deflation and “Got You” Prices

Scott Patterson writes in the Wall Street Journal that we won’t get inflation until unemployment is down below 5%:

A rule of thumb is that inflation doesn’t become sticky until the unemployment rate dips below 5%… Continue reading

The chills of Global Cooling

As cap-and-trade advocates tie their knickers in knots over so-called “global warming,” Mother Nature refuses to cooperate. Earth’s temperatures continue a chill that began 11 years ago. As global cooling accelerates, global-warmists kick, scream, and push their pet theory – just like little kids who cover their ears and stomp their feet when older children tell them not to bother waiting up for Santa Claus on Christmas Eve. Continue reading

Video: Marc Faber on Alex Jones Tv – Hyperinflation Coming to The USA!

Alex talks with Marc Faber, investment analyst, entrepreneur, and publisher of the renowned Gloom Boom & Doom Report. Faber recently predicted hyperinflation for the U.S. on a scale endured in Zimbabwe and the Weimar Republic Continue reading

The Frame of Mind of American Economic Policymakers

In his 1,200 page History of Economic Analysis, Joseph Schumpeter mentions Gesell just twice and just en passant – in one instance when explaining that Keynes himself acknowledged in the General Theory of Employment, Interest and Money that Gesell had a much larger influence on him than Hobson. (Keynes called Gesell a “non-Marxian socialist.”) Continue reading

Video: Peter Schiff and Marc Faber on The Glenn Beck Show – 5/28/09

(Fox) – Peter Schiff and Marc Faber on the Glenn Beck Show discussing Hyperinflation – Marc Faber has recently stated “I Am 100% Sure that the U.S. Will Go Into Hyperinflation” Continue reading

MSM: U.S. Inflation to Approach Zimbabwe Level, Faber Says (Update2)

(Bloomberg) – The U.S. economy will enter “hyperinflation” approaching the levels in Zimbabwe because the Federal Reserve will be reluctant to raise interest rates, investor Marc Faber said. Continue reading