By Daily Crux Editor Justin Brill:

Contrarian legend Marc Faber, editor of the Gloom, Boom, & Doom Report, is back at it again.

Faber is bullish over the next 2-3 years, saying that stocks and commodities are likely to continue higher in response to global stimulus, deficits, and money printing. But he's "ultra-bearish" for the next 5-10 years.

Faber is "convinced of a total collapse" of the capitalist system, and sees runaway inflation, unemployment, more wars, complete destruction of the U.S. dollar, and the "impoverishment of large segments of Western society."

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