We Will Have A Colossal Mess Everywhere In The Western World Within 5 To 10 Years

Eventually, you have either huge changes occurring in a peaceful fashion through reforms, or, usually, through revolutions. I think the timeframe would be within five to ten years you have a colossal mess everywhere in the Western world. I think the deficit here in the U.S. — irrespective of who is in the White House — will stay above a trillion dollars per annum for at least as far as the eye can see. - in CNBC

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