Marc Faber: We Are in a Gigantic Financial Asset Bubble

BubbleIn this excellent interview with Bloomberg, Marc Faber gives his bold predictions for 2014, and discusses why he believes the US economy is setting up for a massive crash.
Faber states that:  “We are in a GIGANTIC financial asset bubble.  Despite all the money printing the bond yields didn’t go down…if the 10 year goes to 3.5-4% and the 30 year goes to 5%, mortgage rates will go to 6%, and that will be very bad for the economy.
Full Faber clip is below:

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