1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Dheeraj Grover
Dheeraj Grover
Articles (493) 

Marc Faber Discusses Upcoming Fiscal Cliff

August 24, 2012 | About:

Well-known investor and publisher and editor of Gloom, Doom and Boom report, Marc Faber was on CNBC to share his views on the U.S. economy, U.S. fiscal deficit and fiscal cliff and global economic environment. Here are his thoughts:

Source: www.cnbc.com

-- No matter who wins the election, the fiscal deficit will remain around $1.3 trillion dollars and will go up from here.

-- The media-published figure of $1.3 trillion dollars is not the correct figure. The 'true' fiscal deficit is more than $4 trillion annually if you take current accumulated non-funded liabilities into account.

Here is the video:

About the author:

Dheeraj Grover
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

Rating: 2.0/5 (1 vote)

Comments

Please leave your comment:


More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Dheeraj Grover


User Generated Screeners


liuzishuNon-div M-score
blomgGreenblatt
pbarker46Momentum
merknt84div5
merknt84div4
merknt84div3
merknt84div2
DANGORDON**** LOW PE AND PEG
DANGORDON***** BEST STOCKS 50 ABOVE
DANGORDON***** BEST STOCKS
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK