Marc Faber, investor and author of the "Gloom, Boom & Doom Report," talks with Bloomberg about China and how he thinks the US Federal Reserve has launched a U.S. recessions.
He also said,
"I have to point out that in 2015, with the exception of people that held bitcoins, the performance of all asset classes have been poor... I think the Fed has created an environment by inflating asset prices where future returns on assets whether it is arts, bonds, stock, or real estate will be poor."Watch the full interview here:
http://www.bloomberg.com/news/videos/2016-01-06/marc-faber-we-have-colossal-credit-bubble-in-chinaBitcoin is mentioned at the 43 second mark.
