marc fabers gloomy outlook, page-11

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    "I believe the sub prime mess is a serious but not unsurmountable problem which will get sorted out in the next 6-12 months."

    It goes much deeper then the SUBPRIME. Subprime only part of the problem. Just ONE of the fallouts from the FEDS very loose monetary policy since the turn of the century.

    I'll stick to Faber thanks!
 
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