Marc Faber Thinks the Stock Market Will Plummet 20% Next Year

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Nov 13, 2012
He doesn’t think markets are going down because of Greece or the fiscal cliff (which he thinks will be avoided), he thinks the market will go down because corporate profits are going down and economies are going to weaken.

Someone please, hold him accountable for this prediction one year from now. He may very well be correct, but he sure makes a lot of predictions.