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Tuesday, August 2, 2011

China Bubble Poses Global Risk

"If Chinese growth really slows down or if they have a crash... it could trigger a vicious circle on the downside and I would say there is a fairly good chance that this could happen," Marc Faber, managing director, editor and publisher at The Gloom Boom & Doom Report told CNBC. "This would be really something the world's central bankers wouldn't be able to help with printing money," he added.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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