Thursday, November 10, 2016

Dr. Marc Faber*: 
U.S. Debt Will Pass $20 Trillion
In Under 2 Months With Trump
Donald Trump's presidency will be powerless to prevent U.S. government debt from soaring beyond $20 trillion in under eight weeks .. stresses that it would not have mattered whether Clinton or Trump had been elected president as neither could turn the tide on government debt .. "Most informed observers know that Western democracies are basically bankrupt. The unfunded liabilities are a huge problem. The zero interest rates are a huge problem for pension funds and for insurance companies."

1 comment:

Anonymous said...

Squawk Box ‏@SquawkCNBC

Duquesne Capital Founder #StanleyDruckenmiller: "I sold all my gold the night of the election"

what a joke.....................