Marc Faber Predicts the Collapse of Capitalism

As contrarians, we’re used to holding unpopular views on the economy. We believe the recovery is a sham; that things will get worse before they get better; and that the effects of the current recession will reach farther than most people think.

Well, our good friend Dr. Marc Faber couldn’t agree more. And in a recent interview for Yahoo’s Tech Ticker, he explains why.

The Daily Reckoning