Marc Faber - The Coming Pension Crisis And Its Subsequent Fallout

Returning SBTV guest Marc Faber, editor and publisher of “The Gloom, Boom & Doom Report”, warns about the under-funding in public and private pensions. Will there be pitchforks when pensioners realize there is no money available for their retirement?

Discussed in this interview:
01:31 State and public pensions are a disaster
05:11 When pensioners realize their pensions are not there
10:48 Western governments are bankrupt
15:30 Government gold confiscation and expropriation is coming
18:37 Jurisdictions safe to store gold and silver
20:55 The longest economic expansion cycle in history is artificial
24:09 Each incremental quantitative easing has lesser impact
32:47 Buying his first bitcoin

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