Odds of Global Recession Are 100%

[tsptalk]

[SUP]Marc FABER: Odds of Global Recession Are 100%

[/SUP]"There’s still a 100 percent chance the world heads into recession, Marc Faber, publisher of “The Gloom, Boom & Doom Report,” told CNBC’s “Closing Bell” on Thursday, echoing a call he made in May.

When you look at the major economies, Europe, the U.S., China and the emerging markets that are dependent on China for growth, Faber, aka Dr. Doom, only sees weakness."

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[wavecoder]

yes the chances of it happening are 100%. the chances of a recovery and all-time highs are also 100%

he doesn't ever say when though, which is the most important part :cheesy:

 

[RealMoneyIssues]

[SUP]Marc FABER: Odds of Global Recession Are 100%

[/SUP]"There’s still a 100 percent chance the world heads into recession, Marc Faber, publisher of “The Gloom, Boom & Doom Report,” told CNBC’s “Closing Bell” on Thursday, echoing a call he made in May.

When you look at the major economies, Europe, the U.S., China and the emerging markets that are dependent on China for growth, Faber, aka Dr. Doom, only sees weakness."

More

"You hear that Mr. Anderson?... That is the sound of inevitability..."

 

[burrocrat]

"You hear that Mr. Anderson?... That is the sound of inevitability..."

too funny. one of the top five productions ever. right up there with oh brother where art thou and grease. appropo.

 

[Warrenlm]

I like the use of the word "still". Besides, recession, schmession. Someone will provide.