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Thursday, January 19, 2012

US Bonds Should Be Rated Junk Status

Dr. Marc Faber, editor and publisher of the Gloom, Boom and Doom Report, told CNBC, "Between 2000-2011 US debt has grown three times and the expansion of the debt will continue and what the official statistics don't show you are the un-funded liabilities that are growing at a much faster rate than the official deficit."

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

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