Marc Faber, publisher of the Gloom, Boom & Doom report, talks with Bloomberg's Maryam Nemazee about Greece's debt crisis.
Faber thinks Greece as a corporation is bust and as such, it loans should not be extended or be given more loans.
Banks holding those loans should write off the Greek loans to 30-50% of the face value.
Faber thinks Greece as a corporation is bust and as such, it loans should not be extended or be given more loans.
Banks holding those loans should write off the Greek loans to 30-50% of the face value.
