Nothing like being optimistic! Here is CNBC video of Marc Faber talking about the “pain” ahead post-re-election of Barack Obama because we are unwilling to do what is necessary to get the nation’s debt under control. Faber said he believes global markets will “implode” at some point, and went so far as to predict the “collapse” of our society in 5-10 years. But the good news, he said, is that Southeast Asia is on the rise!

Marc Faber on CNBC: Global Markets Will “Implode” at some Point; Collapse of Society Coming in 5-10 Years – Video 11/13/12

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