Monday, January 28, 2019

Marc Faber's 10 year economic outlook

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Topics discussed
- It will end in a Debt default or debt forgiveness. It will end in a disaster.

- There is No such thing as a free lunch

- Asset prices have inflated. If you went to Toronto or Vancouver 50 years ago and bought a house, and you looked at the price now, you would say it is inflated.

- Affordability issues for young people to buy certain assets. 

- Wealth inequality and potential social issues.