“.. the average family will be hurt by that [governments printing money], and then in order to distract the attention of the people, the governments will go to war. People ask me against whom? Well, they will invent an enemy.” — Marc Faber
If they need to invent an enemy, they really don’t have to. , then they will just take it further by putting every religion against each other; perhaps the Christians against the Obama regime, but of course none of this will work. So it will probably be a war against Russia, since Obama has made a deal with Poland to put US troops in Poland now, but for what? Russia increased its military 5 times larger than it was. Of course Russia wants its former USSR states back, so the Ukraine will be first since Georgia is pretty much had it and will slip under the Iron Curtains control very quickly.
The wild card is, will the US Government take advantage of the situation and send in US troops or will they just stand aside and prevent further US troops deaths and not even get involved? Tricky questions, but always look for what could be the possible next war, perhaps it will be with China since we will eventually have to tell them to fluck off and we cannot pay them. (Since our gold is all gone and we .) If they want America, they have to come and take it by force.
Marc Faber sees big financial bust leading to war
November 25, 2009
Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, said eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to continued stimulus.
Speaking at a conference in Singapore on Wednesday, Faber said: “The crisis has not solved anything. On the contrary there is less transparency today than there was before. The government’s balance sheet is expanding, and the abuses that have led to the one cause of the crisis have continued”.
“I think eventually there will be a big bust and then the whole credit expansion will come to an end,” Faber added.
“Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to stimulus”.
In one of his Gloomiest predictions, Faber, referred to as Dr Doom, said “the average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war”.
“People ask me against whom? Well, they will invent an enemy,” Faber said.
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We must end our unnecessary and misguided wars. We are bleeding into debt – to the tune of hundreds of billions of dollars thus far in Iraq – and death – over 5,000 service men and women have died since the invasion of Iraq alone.
We are currently spending billions each month to carry on a futile war with no end in sight. The total estimated cost of the Iraq war is $3 trillion dollars – nearly a third of the entire debt the U.S. has accumulated in its entire history. When the war in Afghanistan is included the cost balloons to $5-$7 trillion.