Doom & Gloom Merchant Faber Sees End Of Debt Super Cycle, Too

Doom and gloom merchant and newsletter publisher Dr. Marc Faber in some respects sings a similar tune to that of Ray Dalio and, to an extent, Kyle Bass and Stanley Druckenmiller. In his recent monthly market commentary, the good doctor looks at the evils of massive deficit spending, a ballooning Fed balance sheet and the quantitative illusions created by quantitative easing. The bloated Fed balance sheet is an issue currently discussed behind the scenes Fans of quantitative easing, like initial fans of the drug cocaine, both are addicted to the tingle that stimulates the dopamine chemical in the brain. Traders…