Sovereign Debt: The Next Crisis - Marc Faber

[postlink]http://werehit.blogspot.com/2010/01/sovereign-debt-next-crisis-marc-faber.html[/postlink]http://www.youtube.com/watch?v=i9CSbUXTYqIendofvid
[starttext]January 14, 2010


After every financial crisis there's a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the boom times start struggling to pay their competitors back, and eventually some of them default.


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