Analyst's note:  The message here is to "stand by for heavy seas and rolls."

On August 8th, 2011 Dr. Marc Faber was interviewed on CNBC about the future of the US dollar-debt crisis and what investor's can expect to take place in the markets.

During the interview, among several timely questions, Dr. Faber was asked, "What's the end game here? Is it the collapse of Western civilization as we know it? ... Where are we going here? How must It inevitably end in your opinion?"

To which Dr. Faber replied, "You have a computer and occasionally the computer will crash and need to be rebooted. That will happen to the global economy. So basically, the central banks are willing to do that. By printing money the problems are not solved but they can be postponed and they become larger. … The next time we have a global economic crisis it will be much worse than 2008. Before this happens there will be money printing and war."

[.... ] Here at the Daily Bell we are regular followers of Dr. Faber's prescient work. In fact, Marc was interviewed at the DB recently. Here is a link to that interview: Marc Faber on 21st Century Investing, Why It's too Late for the Dollar and Why Emerging Markets Look Good.