Enclosed is a great interview by Marc Faber where he highlights several new trends that will unfold in the future. Here are some points he touches on:
- American printing press to steam roll ahead. Longer term the dollar will continue to go down and interest rates will go up.
- Widening divide between corporate elite and working class in America that will eventually lead to war.
- Trend in America is to move towards a police state.
- Bernanke will take anything off a cliff - a taxi, a Mcdonald's stand, the Federal Reserve, anything.
- Bernanke remains completely ignorant of the causes of the Great Depression.
- Hyper inflation looms as the U.S. government tries to print out of mounting liabilities including social security and medicare.
- For Americans with sizeable assets it is advisable to move them abroad.
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