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Source link: http://archive.mises.org/12773/marc-faber-makes-the-case-for-doom/

Marc Faber Makes the Case for Doom

May 24, 2010 by

Here is a blogger who was with us in Manhattan this weekend and reported on the the remarks by Marc Faber. This is certainly worth reading.


cs May 24, 2010 at 8:20 am

Do you have a video of the presentation?

frank May 24, 2010 at 8:26 am

Nice uplifting post, made all the worse by much or all of it very likely being, erm, true.

I’m not sure about the war though. I’m hoping that by then things will be so bad that even the current state-worshippers will realise the utter abomination that the governments are and the mess they are making of the country, and so the state won’t actually be able to muster sufficiently large armies to fight wars. Although maybe I’m just deluding myself.

Ken May 24, 2010 at 9:35 am

Depends on how many people there are willing to go shoot someone on orders, as the most efficient means of obtaining a steady three hots, a cot, and clothes.

Steady for a while, that is: in one’s darkest moments, it’s possible to imagine an endgame that goes something like, “Those guys on the other side of the hill are your dinner….”

Gernot Hassenpflug May 24, 2010 at 10:07 pm

That unfortunately is not unknown in history. It is what Japanese soldiers on Guadalcanal were told after being landed without regard to provisions: go get your food, it’s in the US bases.

It is unfortunate that the manipulative tactics that lead an inculcated population to follow the orders of their acclaimed leaders allow the members of the population to perpetrate unquestioned brutality on their fellow human beings all in the name of something which, were they to think about it, is a contradictory mass of lies and deceit.

Guard May 25, 2010 at 2:58 am

It may not be the huge conflicts of the past. We currently have constant war but it is almost like an expensive hobby anymore. It will continue, basically another form of taxation.
Kill someone to save my life or a friend’s life? Well…yeah, I guess…
Go to the other side of the world to kill someone who is no direct threat to me or anyone I know? meh…

Jeffrey Tucker May 24, 2010 at 8:40 am

As regards video, please give it a few days.

Tom Barrett May 28, 2010 at 6:36 am

I really like Dr. Marc Faber. He once made comment that there are different schools of economic thought: of course the Austrian, and the Keynesian school among others, and then there is the Zimbabwean school headed by Robert Mugabe which the Obama administration espouses. Lets all hope our country can be saved, while still acknowledging that we have already crossed the line of no return to the free market that made this country great.
Thanks, Tom

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