20121113

Prepare for a Massive Market Meltdown - Faber

Marc Faber says we should "Prepare for a Massive Market Meltdown" CNBC.
“I don’t think markets are going down because of Greece, I don’t think markets are going down because of the ‘fiscal cliff’ — because there won’t be a ‘fiscal cliff,’ ” Faber told CNBC’s “Squawk Box.”
Voters had a chance to position the US in growth mode. Our economy could have led the world forward. Instead we chose more heavy-handed government and stagnation.

I hope Faber is wrong.