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IPFS News Link • Economy - Economics USA

Marc Faber's "Worst Fear" Is Hillary Clinton Becoming President

• http://www.zerohedge.com, by Tyler Durden

Publisher of the Gloom Boom & Doom Report  Marc Faber spoke with FOX Business Network's (FBN) Neil Cavuto about the realistic possibility of the market collapsing before November saying "Most people haven't really made any money over the last 12 months or even two years because the market is down over the last 12 months." He continued saying "the economy is stuck," and "That's why you have people like Trump and Bernie Sanders having such an appeal. Otherwise if the economy was very strong, they wouldn't essentially be contenders for the presidential election."

On the impact the economy has had on the presidential election:

"Most people haven't really made any money over the last 12 months or even two years because the market is down over last 12 months. The typical stock is down significantly. So they've actually diminished their activity in stocks. The economy is stuck. Manufacturing is no longer growing, and the service sector and employment is growing, but not with great paying jobs. And so the typical family is actually not doing well. And that's why you have people like Trump and Bernie Sanders having such an appeal. Otherwise if the economy was very strong, they wouldn't essentially be contenders for the presidential election."


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