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Marc Faber, editor and publisher of the Gloom, Boom and Doom Report, told CNBC, "Between 2000-2011 US debt has grown three times and the expansion of the debt will continue and what the official statistics don't show you are the un-funded liabilities that are growing at a much faster rate than the official deficit."
About the author:
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne
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