The BI-ME eNewsletter
9th September, 2010, 14:12
Email this article: US state bankruptcy is a real possibility, says 'doom and gloom' economist
Posted: Thu November 6, 2008 12:00 am
INTERNATIONAL. Swiss financial guru Marc Faber said he sees hard times ahead for the world's stock exchanges and even state bankruptcy for the United States. He also believes that stock exchanges will stay at low levels for a long time.
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INTERNATIONAL. The market value of emerging market stocks may overtake developed nations, as China becomes the world's largest stock market.
