Marc Faber was on CNBC this morning, peddling his standard doom.
He had two good lines:
The first was that the #1 question investors should ask themselves is not 'where can I make the most money' but rather 'where can I avoid losing the most money'?
He then predicted that the endgame of all this easing will be "massive wealth destruction" through some combination of hyperinflation, credit collapse, social unrest, and WAR!
Doom, boom, and gloom indeed. For what it's worth, he didn't predict, exactly, when this is coming….
Read more: http://www.businessinsider.com/marc-faber-predicts-massive-wealth-destruction-2012-4
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