Marc Faber: It’s a total disaster, we’re all doomed, we’re doomed!

by Mac Slavo | Jan 26, 2010 | Marc Faber | 6 comments

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Marc Faber joins CNBC to discuss the global economic outlook on January 22, 2010.

“I don’t have a very high opinion of Mr. Obama. I mean, I was very negative of Mr. Bush, but I think Mr. Obama makes him look like a genius.

So, you can imagine what I think of Mr. Obama’s economic policy initiatives across the board. It’s been, so far, a complete failure.”

In typical Faber fashion, the good doctor discusses his view on where we’re headed:

“I’ll tell you, when you look at the United States, you cannot imagine that they can solve their problems. It’s a total disaster. We’re all doomed, we’re doomed!”

Watch Marc Faber on CNBC Below (Part 1 of 2):

Watch Marc Faber on CNBC Below (Part 2 of 2):

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