Marc Faber Says China is The Reason The Markets Are Down

In this recent video Marc Faber looks at the current weakness in the markets. He claims that we don't yet know the cause of slump in the stock market over the past 3 months. He says that market may be predicting a meaningful slowdown in China and that some sectors of the Chinese economy could collapse.



Faber also touches on that point in this MSNBC clip where he expect a significant slow down or a crash in China.