Marc Faber Warns “Frankenstein” Global Financial System To Collapse!
- Marc Faber Warns “Frankenstein” Global Financial System To Collapse!
by www.kingworldnews.com
On the heels of increased geopolitical tensions, particularly in Ukraine, and the Greeks manevering to avoid default, today legendary Marc Faber warned King World News that the Frankenstein global financial system is going to collapse.
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Eric King: “There are over one quadrillion dollars of derivatives that could melt down the global financial system.”
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Marc Faber: “My take on this is simply that derivatives will not survive for the next 2,000 years….
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Derivatives Market To Disappear Within 5 Years
“It’s something that has developed and it will vanish. My suspicion is it (the derivatives market) will be gone within 5 years.
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