Marc Faber: Greece Could Spark an Economic Collapse in 2015
While mainstream analysts dismiss the risks associated with a debt default, Marc Faber is warning that such a catastrophe could spark the next stock market crash and possibly an economic collapse in 2015.
During an interview on Monday, July 7th with Bloomberg, the publisher of the Gloom, Boom & Doom Report discussed the Greek crisis and the Chinese economy, as well as the possibility of the delay in interest rate hike. (Source: Bloomberg.com , June 7, 2015.)
According to Faber, the Greek government and its creditors should compromise.
His comments came in after the Greek people rejected a bailout package offered by creditors on a historical referendum on Sunday.
Continue Reading>> Marc Faber: Greece Could Spark an Economic Collapse in 2015
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