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Wall Street crash 'even worse' than 1987 is coming, says Marc Faber
Don't be surprised if four horsemen start riding down Wall Street. US technology stocks suffered their sharpest dive in more than two years on Thursday night, setting the scene for an equities apocalypse, legendary Swiss investor Marc Faber says. Dr Faber is predicting a 1987-type stock market crash this year – only it will be worse. He told CNBC that the pain in the internet and biotechnology sectors was just getting started, and the market was beginning to realise that US Federal Reserve was a ''clueless organisation''. ''I think it's very likely that we're seeing, in the next 12 months, an '87-type of crash,'' ... (full story)
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- TheTopBloke
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people leave, but this thread will go on for ever
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Don't Fight Forces, Use Them.
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