From Newsmax:

Investing guru and publisher of the Gloom, Boom and Doom Report Marc Faber remains a bear, predicting a stronger dollar, tightening in global liquidity and another correction in asset prices.

The worse the global economy, the more stocks could go up, Faber says, because the world's central bankers have become nothing more than money printers.

"They're dangerous to the health of the global economy," Faber says.

Financial crises, Faber points out, usually lead to some fundamental change that purges the excesses that went before.

But, he says, the Obama administration chose instead to bail out financial firms at the taxpayers' expense, leaving the country vulnerable to a bigger crisis in the next few years.

Read full article...

More from Marc Faber:

Marc Faber makes outrageous commodity call

Marc Faber: We'll soon see inflation of 10% - 20%

Great article on one of guru Marc Faber's favorite investments