Marc Faber Discusses U.S. Debt Default and Hyper Inflation
Interest-Rates / US Debt
Mar 04, 2010 - 05:02 AM

Marc Faber sets out how he expects the U.S. will handle the growing debt mountain by first monetizing the debt, then defaulting on interest payments to foreigners as the U.S. inflates the debt away through high inflation or even hyper inflation.

Marc Faber Interview, March 1, 2010 (1/2)

http://www.youtube.com/watch?v=UznSFfJrV-A


Marc Faber Interview, March 1, 2010 (2/2)

http://www.youtube.com/watch?v=2ow73WDT ... re=related