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Faber: 'Global Economy Won't Recover Anytime Soon'

On the heels of Europe's weak economic report, Marc Faber, author & publisher of 'The Gloom, Boom & Doom Report" says he doesn't see the global economy recovering anytime soon. He thinks 2006 & early 2007 were the peak of prosperity in this cycle and doesn't think we're going back there for some time.  Bob Parker, vice chairman of Credit Suisse Asset Management joins in the discussion.

Markets & Economy Videos

In The News

Chrysler Dealers: Pain Hits Home

CNN reports on two family-owned Chrysler dealers in New Jersey forced to close

Faber: 'Global Economy Won't Recover Anytime Soon'

On the heels of Europe's weak economic report, Marc Faber, author & publisher

Gasparino: Obama Is 'Hell-Bent On Controlling Our Economy'

In a CNBC debate on allegations that the White House is moving toward

May 2009

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