DE MAN DIE 10 JAAR VOORUIT KIJKT…

…en het nog bij het juiste eind zal hebben ook, is de Zwitserse beursgoeroe Mark Faber.  En het is niet fraai wat hij ziet…

Faber: Debt Interest Will Lead to Default, Then War

     
By: Julie Crawshaw/Newsmax.com

At a conference in Moscow, Marc Faber laid out the crisis that he sees coming in the next 10 years: Interest on U.S. debt will crush other spending, then inflation and depression will take hold and eventually lead to war.

“Maximum, within 10 years time more than 35 percent of tax revenues will have to be used to pay the interest on the government’s debt, and then you’re in trouble, because then there is not enough money out of the budget to pay for other stuff,” Faber said.

“I am convinced that the U.S. government will go bankrupt, but not tomorrow, and before they go bankrupt they’ll print money, and then you get very high inflation rate, then you get depression with high inflation and eventually they’ll go to war.”

Social obligations will cause Western countries to default, in Faber’s view. “Portugal, Ireland, Italy, Greece, Spain — I think eventually they’ll all default,” he says.

“The obligations of Western governments are far too high. They won’t be able to pay.”

Faber suggests that governments raise the retirement age to 70 and cut back on social spending, but says that even that won’t be enough to solve the problem.

Wat vindt U van dit toekomstperspectief ? Ook mee eens of…net niet ? Argumenten dan aub…

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