Democracy Dying Under Reckless Debt and Tyrannical Bureaucrats: Marc Faber
Marc Faber sees signs everywhere that cracks are deepening in Western democracies due to reckless government spending and power mad politicians that exist only to serve themselves at the expense of the population. Marc warns that tyranny has crept into the West through bribes handed out to the masses and there is a price to pay for "free" money and empty promises. Marc also gives his take on how to navigate markets in these trying times, why he's been advocating for gold going on 40 years, his thoughts on a potential commodities supercycle, and much more.
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00:00 Introduction
00:33 Shift From Tech to Value Stocks
07:29 Nikkei Crash and Market Selloff
11:23 Outlook on Inflation
19:07 Is Gold the Ultimate Safe Haven Asset?
23:02 Commodities Supercycle
25:41 Madness in the West
28:34 Where Does America Stand?
32:47 What's Behind the Green Agenda?
37:57 Positioning in Markets Today
#economy #debt #usdollar
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