Boom Bust Season 2 Episode 104 Marc Faber: US Shares to Correct 50%; China Is Growing Only 4%

Marc Faber, a famous Swiss investor, appears as a guest on the Boom Bust show in season 2 episode 104. The episode focuses on Faber's viewpoint on the current market scenario and his predictions for the future. Faber explains his belief that US shares will correct by 50% and anticipates difficulty for the US in the future, due to unsustainable economic policies, resulting in long-term global implications.

The episode also examines the slowdown of China's economy. Despite recent reports claiming that China's economy is growing at a healthy rate, Faber believes that the actual growth rate is closer to just 4%. This is due to the Chinese real-estate bubble that could burst anytime soon, and could result in dire consequences not only for China but also for the global economy.

The conversation moves on to Europe as the hosts ask Faber about the news in the Eurozone. He explains how the Euro currency is flawed and is going to create a lot of problems for the EU in the future, due to the high unemployment rate and disproportionate reliance on Germany's economy.

As the show goes on, Faber emphasizes his viewpoint that investing in the stock market is dangerous. He puts forward his opinion on how the Federal Reserve bank and other central banks worldwide have created a financial crisis by low-interest rate policies. The economic policies have created an economy that depends on debt and speculation, which will ultimately lead to a financial crisis, undermining the well-being of its citizens.

The episode concludes with the hosts asking Faber for advice for the investor audience concerning the current situation. Faber advises investors to be very careful in current market conditions, where an explosion is likely, and advises them to take a long-term view while investing.

Overall, season 2 episode 104 of Boom Bust features an engaging conversation about the future of the global economy with Marc Faber, who shares his perceptions about the current market's condition, the problems we face and outlines his expectations for future abundance and change, which could put the global economy on the verge of collapse. The discussions provide insightful analysis of the global economic situation and a warning to investors to take heed of the current market conditions.