This article was originally posted in March.… 2016. Due to unforeseen circumstances we have been forced to update this post… Okay he does not say 1987 style Crash but Marc Faber does say 50 percent so it basically should qualify.
We also embedded the videos for those who want to learn from this sage wisdom of Dr. Doom and Gloom…….
The point of this is not to laugh at Faber (okay that is a
small part of the reason but) also to teach investors to beware of prophets predicting doom (or booms)
I think This chart is incredible -Marc Faber A 1987 Style Crash Will Happen In
2012, 2013, 2014, 2015, 2016… What is that line about a broken clock again? O right….