Dr. Faber Warns That US Government Will Go Bust!

Strong warning from Dr. Marc Faber.

• "The US government for sure will go bust. That I guarantee you. Not tomorrow, but it will go bust," he added.
  
  US government bond yields bottomed out in December 2008, he said.
  
  "I think this is the beginning of a long-term bear market. And I think the government will have to keep interest rates artificially low because deficits will be too high," Faber said.
  
  "People said fundamentals are bad and markets are going up for no reason. But money printing is a reason," he said, explaining why quantitative easing will continue.
  
  "The worse the statistics will be, the more money will be printed. Believe me, globally all the central banks will print money like there's no tomorrow."
  

Source: here