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Wednesday, February 26, 2014

Marc Faber on US Government

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles.

But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates

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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