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Posted In: Crash Prophets
Just wanted to let you know that you might want to look at two posts about “crash prophets” Marc Faber and George Soros on our sister blog, Investorazzi.com:
“Marc Faber Says Credit Crunch Not Over, Retail To Get Hit Next”
I personally think we are just starting the credit crunch and that it will get much worse over time…
I think the economy really stinks and the next sector to really get hit hard in America and elsewhere is retailing.
“George Soros Warns Of Severe Recession, Over-Priced Assets”
Sphere: Related ContentBBC: So, do you think we’ll see a serious recession in the United States?
SOROS: I think more serious that currently anticipated, and certainly longer. The prediction that by the end of the year we’ll be moving out of it, I think, is without foundation.
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