“This is for the first time in recorded human history from the times of Babylon up to today that we have negative interest rates,” Faber said. “And it’s not gonna end well, that I can tell you.” Dr Marc faber told Yahoo Finance
“the magicians at central banks they always come out with a new trick” to avoid a potential economic collapse, adding that he believes “it would have been better to let the crisis—already the first one in the 2000s—run its course and prevent the colossal credit bubble that was built up.”
….listen to the 5 minute interview on Bloomberg HERE
