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Showing posts with the label Jeff Cox

CNBC: 'Massive Wealth Destruction' Is About to Hit Investors: Faber

CNBC.com 'Massive Wealth Destruction' Is About to Hit Investors: Faber Published: Monday, 2 Apr 2012 | 8:12 AM ET By: Jeff Cox CNBC.com Senior Writer Runaway government debts have triggered uncontrolled money printing that in turn will lead to inflation that will decimate portfolios, according to the latest forecast from "Dr. Doom" Marc Faber.

CNBC: US Housing Crisis Is Now Worse Than Great Depression

US Housing Crisis Is Now Worse Than Great Depression Published: Tuesday, 14 Jun 2011 | 12:04 PM ET By: Jeff Cox CNBC.com Staff Writer It's official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression.