Marc Faber: Govts can default, Dubai is just the tip of the iceberg
He warns that there will be more sovereign defaults and that US Bonds will yield more than corporate bonds of the risk:
He warns that there will be more sovereign defaults and that US Bonds will yield more than corporate bonds of the risk:
I got alot of respect for the managers at Harvard and Yale endowment fund. The reason is because these 2 are large pools of money …
The VIX hit 56 this morning in US and the stock market dropped an average of 4.5% in a day. Since the start of these, …