Expect global markets to drop nearly 20%: Marc Faber
By Prashant R Nair | Published On: December 07, 2012 10:15 (IST) | Duration: 7 min, 03 sec
Marc Faber, editor and publisher of the 'The Gloom, Boom & Doom Report', feels that global markets may be euphoric right now, but they are likely to drop 20 per cent in near term. He also feels that while the printing of money by central bank is keeping prices up, eventually there will be a much bigger crash.
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