Greece is Basically Bankrupt

Editor’s note:  Dr. Marc Faber joined Bloomberg TV this morning.

He weighed in on the ongoing crisis in Greece… and spoke about the “Market Makers.”

In it, you’ll learn…

Dr. Faber’s long-term assessment of Greece’s fiscal condition … Whether or not you could see a market contagion spread elsewhere because of uncertainty or default… What kind of investor is going to profit the most from the weakness brought on by the Greek crisis… His interpretation of China’s surprise interest rate cut… Whether or not the Federal Reserve will be able to move forward with it’s September time table for an interest rate increase… The unintended consequences of keeping interest rates where they are… and much more.

To watch the clip, click the play button on the video above.

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