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Marc Faber – The Coming Pension Crisis And Its Subsequent Fallout


Returning SBTV visitor Marc Faber, editor and writer of “The Gloom, Boom & Doom Report”, warns concerning the under-funding in private and non-private pensions. Will there be pitchforks when pensioners notice there isn’t any cash accessible for his or her retirement?

Discussed on this interview: 01:31 State and public pensions are a catastrophe 05:11 When pensioners notice their pensions aren’t there 10:48 Western governments are bankrupt 15:30 Government gold confiscation and expropriation is coming 18:37 Jurisdictions secure to retailer gold and silver 20:55 The longest financial growth cycle in historical past is synthetic 24:09 Each incremental quantitative easing has lesser affect 32:47 Buying his first bitcoin

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