Relevant:
- Marc Faber: 100% Chance of Global Recession
- Marc Faber Discusses Imminent Market Crash, a Recession in China, Says Fiscal Condition of US a 'Catastrophe'
- Southern Europe's Recession Threatens to Spread North
- IMF predicts mild European recession, lower global growth in 2012
- Germany unveils rescue package to fight recession
2012-08-25 — cnbc.com
Europe is already in recession," he said. "Germany is still growing very, very slightly, but is likely to go into recession soon."
Growth in the U.S. is also falling off. "The U.S. economy has decelerated and I don't see much growth in the next six to 12 months," Faber said.
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