Marc Faber Warns “We Have Reached The Endgame Of Monetary Policy”!

“… then you are dealing with a collapse in the currency.” – Quote

• Marc Faber Warns “We Have Reached The Endgame Of Monetary Policy”! 
  by Tyler Durden, www.zerohedge.com
  “One day this whole credit bubble will be deflated very badly – you are going to experience a complete implosion of all asset prices and the credit system…”
  –
  Via South China Morning Post,
  Marc Faber was in fine form at the CLSA Investor Forum, dispensing his trademark gloom and doom. The final keynote was a tour de force of the history of debt, asset bubbles and financial markets in the 20th and 21st centuries.
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  “Unlike the ’50s and ’70s when there was relatively less overall debt, a financial market crash did not inflict great damage on the economy.
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  Debt levels are significantly higher these days, and so a market crash can inflict serious damage on economies.
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  We’ve gone through a period of huge asset inflation, in stocks, bonds, commodities, and real estate, and we essentially now have in the world, a huge asset bubble.
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  So everything is grossly inflated.”
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  In addition there has since 2007 been:
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  “colossal asset inflation” in high-end goods…
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  In thinking about what the next big bubble will be, Faber said:
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  read more!

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