Posted by Marc Faber, publisher of the Gloom, Boom and Doom report, was interviewed By Bloomberg’s Deirdre Bolton and Betty Liu about GM Corp.’s offer to exchange $27 billion of bondholder claims to equity in an effort to help the biggest U.S. automaker avert bankruptcy.
Marc Faber also said that The Federal Reserve will continue printing money , any chance is good for the FEDto print new money.
(Source: Bloomberg)
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