Marc Faber Sees Colossal Systemic Risks In The Markets Today

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Jun 23, 2015

Carl Icahn (Trades, Portfolio) thinks that there is a bubble brewing in the financial markets.

The reason for this is the unprecedented length of time that interest rates have been held down for.

Marc Faber agrees. He thinks that there is no question that this is going to end badly.

Faber notes that it isn't just the Federal Reserve that has fueled the bubble but it has involved virtually every Central Bank in the world.

Faber says that Central Banks don't solve problems, they postpone problems and exacerbate them.