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I Think Mr. Obama Is A Disaster For Business And A Disaster For The United States. Not That Mr. Romney Would Be Much Better, But The Republicans Understand The Problem Of Excessive Debt Better Than Mr. Obama, Who Basically Doesn't Care About Piling Up Debt.

-Marc Faber

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I Think Mr. Obama Is A Disaster

I Think Mr. Obama Is A Disaster For Business And A Disaster For The United States. Not That Mr. Romney Would Be Much Better, But The Republicans Understand The Problem Of Excessive Debt Better Than Mr. Obama, Who Basically Doesn't Care About Piling Up Debt.

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More From Marc Faber

If We Have An Economic Crisis In The Western World It's Because The Government Makes Up 50 Percent Or More Of The Economy. This Is A Cancer That Is Taking Away People's Freedom.

You Have To Say That We Are Again In A Massive Financial Bubble In Bonds, In Equities, In [other] Asset Prices That Have Gone Up Dramatically.

I Am Surprised With The Reelection Of Mr. Obama. The S&p Is Only Down, Like, 30 Points. I Would Have Thought That The Market On His Reelection Should Be Down At Least 50%.

The Problem With Mr. Obama Is That You Get More Regulation And It's A Disincentive For Businessmen To Hire People. You Probably Also Get Higher Taxes, So In Terms Of The Economy, He Is Very Negative In My View.

The Media Has Brainwashed The Electorate To Expect The Government To Do Something. The Best Economic Policy Of Any Government Is To Do Nothing But Reduce The Size Of The Government, Reduce The Size Of The Laws, And Reduce The Size Of Regulations.

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