Bullish Today, Marc Faber Is "Highly Confident" the Future Will Be Very Bleak

His long-term concerns are valid (rising US deficits, massive unfunded mandates etc). Of more immediate concern is the powerful deflationary force taking hold. Read more at http://www.TheSentinel.biz

Makes me think about religion's role in devastating wars that never end.. perhaps religion is the number one problem facing mankind.

if you dont know where you are heading ::::: any road will get you there :::: obama spent all weekend pushing healthcare ::::: how many healthcare bill versions exist ::::: how can you push healthcare reform when you do not have a plan ::::: maybe it is time to quit bullshitting america and come up with a plan ::::: sooner or later ::::: even the people that support you are going to catch on ::::: you dont have a plan ::::: living proof :::::: never underestimate the absolute stupidy of the american voting public ::::::::

Marc Faber, Nouriel Roubini, Rick Santelli donkeys of the world- donkeys do not make children

Religion is the number one problem facing mankind? What does religion have to do with "rising U.S. deficits, massive unfunded mandates and the fact "we have a money-printer at the Fed." Don't worry - you will think much more clearly after a few years of actually earning a living - if liberal arts graduates bother to do that anymore.

The real job is in house cleaning, with shrinking business world one can not brush its high value blunders under the expensive carpet, the bail out is not the money or extra dollor, American have to tighteen there belt, what was 50 years back, you can not compete with big bulge around your waist with rest of the world. Simply crying wolf around the world will make things more harder back home.

No problem. Washington and Wall str will keep creating bubbles to get the market back up. Everyones 401k will go up again. Everyone will be fat dumb and happy again until the next big pop. Then everybody will be pissed off again so our so called leaders will create another bubble. God bless America!!!!!

Religion? Religion is little more than a way to rationalize war, take it completely out of the equation and something else would slide into it's place. "I've seen the enemy, and it is us."

only if everyone had listen to..."Washington had been reelected unanimously in 1792. His decision not to seek a third term established a tradition that is now embedded in the 22d Amendment of the Constitution. In his Farewell Address of Sept. 17, 1796, he drew on the results of his varied experience, offering a guide for both present and future. He urged his compatriots to cherish the Union, support the public credit, be alert to the “insidious wiles of foreign influence,” respect the Constitution and the nation’s laws, abide by the results of elections, and eschew political parties of a sectional cast. Asserting that the United States and Europe had different interests, he declared that it “is our true policy to steer clear of permanent alliances with any portion of the foreign world,” trusting to temporary alliances for emergencies. He also warned against indulging in either habitual favoritism or habitual hostility toward particular nations, lest such attitudes should provoke or involve the country in needless wars." and stayed away for tis...Wal*Mart.

only if everyone had listen to..."Washington had been reelected unanimously in 1792. His decision not to seek a third term established a tradition that is now embedded in the 22d Amendment of the Constitution. In his Farewell Address of Sept. 17, 1796, he drew on the results of his varied experience, offering a guide for both present and future. He urged his compatriots to cherish the Union, support the public credit, be alert to the “insidious wiles of foreign influence,” respect the Constitution and the nation’s laws, abide by the results of elections, and eschew political parties of a sectional cast. Asserting that the United States and Europe had different interests, he declared that it “is our true policy to steer clear of permanent alliances with any portion of the foreign world,” trusting to temporary alliances for emergencies. He also warned against indulging in either habitual favoritism or habitual hostility toward particular nations, lest such attitudes should provoke or involve the country in needless wars." and stayed away for tis...Wal*Mart.

only if everyone had listen to..."Washington had been reelected unanimously in 1792. His decision not to seek a third term established a tradition that is now embedded in the 22d Amendment of the Constitution. In his Farewell Address of Sept. 17, 1796, he drew on the results of his varied experience, offering a guide for both present and future. He urged his compatriots to cherish the Union, support the public credit, be alert to the “insidious wiles of foreign influence,” respect the Constitution and the nation’s laws, abide by the results of elections, and eschew political parties of a sectional cast. Asserting that the United States and Europe had different interests, he declared that it “is our true policy to steer clear of permanent alliances with any portion of the foreign world,” trusting to temporary alliances for emergencies. He also warned against indulging in either habitual favoritism or habitual hostility toward particular nations, lest such attitudes should provoke or involve the country in needless wars." and stayed away for tis...Wal*Mart.

only if everyone had listen to..."Washington had been reelected unanimously in 1792. His decision not to seek a third term established a tradition that is now embedded in the 22d Amendment of the Constitution. In his Farewell Address of Sept. 17, 1796, he drew on the results of his varied experience, offering a guide for both present and future. He urged his compatriots to cherish the Union, support the public credit, be alert to the “insidious wiles of foreign influence,” respect the Constitution and the nation’s laws, abide by the results of elections, and eschew political parties of a sectional cast. Asserting that the United States and Europe had different interests, he declared that it “is our true policy to steer clear of permanent alliances with any portion of the foreign world,” trusting to temporary alliances for emergencies. He also warned against indulging in either habitual favoritism or habitual hostility toward particular nations, lest such attitudes should provoke or involve the country in needless wars." and stayed away for tis...Wal*Mart.

This is just another crack-pot ... please ... the greatest economic machine colapsing .... right, let talk about that swamp land I have got for sale. Anyone can predict inflation, just look what Oboma administration is doing, Anyone can predict more unemployment ... that is the nature of a recession, and PLEASE anther stock market decline in 5-10 years ... ya just look at history. The one point that I totally agree with him on is that we have not fixed the original problem. We are just trying to plow through it by addition on more of the same .... not gonna work. Smart americans will deleverage themselves over the next few years ... that will fix the problem ... others will try to live life as it once was, and become super poor. I have no simpathy for them.

Solution to the debt ,since more than 90% is owed to the privately owned Fed.,simply default on that debt and back our currency by silver/gold.Continue to honor our debts to other Countries ect.

The economic cataclysm that Faber describes wouldn't be a bad thing. There are too many people on this planet. It can be argued that humanity is a scourge upon the Earth. The scourge depletes the planet's resources at an inordinate rate compared to other living things. You know how a roach population explodes if resources are available and predators are nonexistent? That's how the population of humanity has exploded and it has to be checked. Economic cataclysm would work to reduce human population. Couple that with a few wars and a bonafide pandemic (H1N1 is just a trial run) and the population of the planet can probably be reduced by 1/3 or even 1/2.

In retrospect, the great lesson of our era has been that, as long as you don't become horny, there is no limit to the capacity for moral pretentiousness. And, if I may extrapolate, the next time you feel even vaguely good ask yourself, "why me"? and I'm sure you will develop equally compelling reasons for being miserable.

Faber is 100% correct that nothing has been solved. Our country's economy is in deep trouble and it has been caused primarily by the gov't and secondly by some greedy corporations. Someone on these posts keeps saying vote out the incumbents and he/she is on the ball. Vote all of these idiots out of office!

blaming religion?? big joke....its GREED man

The only fix to this problem is for all of us to deleverage ourselves! Pay off your credit and life will be good ... get more dept, and you will not be prepared for what is to come. Just think about the power that will take away from the BIG banks and put back into your hands. Of course we need to get rid of the Obmoma bail-outs that will tax us to death to support the continouation of bad credit and unsmart decisions.

the problem is taking God out of everything in your lives. Read the constitution. Simple solutions solve massive govt problems. When will congress wake up?