Marc Faber: If The U.S. Was A Corporation, Its Credit Rating Would Be Junk
Mon, Feb 8, 2010
Marc Faber discusses America’s unsustainable debt load in this interview with Margaret Brennan on Bloomberg TV. An amusing observation: the GDP growth from each $1 of new total debt has dropped from $0.25 to -$0.60.
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Marc Faber: If The U.S. Was A Corporation, Its Credit Rating Would Be Junk
Tags: bloomberg, crisis, cut-corporate, equity-value, equity-values, faber, gross domestic product, krugman, marc faber, margaret, myth, news
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