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50 Charts That Explain Why 'Dr. Doom' Thinks We're Headed Toward 'Massive Wealth Destruction
November 23, 2012
"There are two ways to conquer and enslave a nation. One is by the sword. the other is by debt."
Marc Faber, noted investor and author of “The Gloom, Boom, & Doom Report,” has long held a pessimistic view of the global economy (they call him "Dr. Doom" for a reason).
But, you know, Faber's pessimism may not be without reason. Perhaps things really are as bad as he says they are.
The following are 50 charts from Marc Faber that help explain why he thinks we're headed toward "market meltdowns" and "massive wealth destruction":
FLASHBACK -- Faber's "massive market meltdown" warning:
FLASHBACK II -- Faber's "massive wealth destruction" warning:
Happy Black Friday.
Follow Becket Adams (@BecketAdams) on Twitter
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- ‘Dr. Doom’ Predicts: Investors Headed Towards ‘Massive Wealth Destruction’
(H/T: ZH)
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