Cassandra (Marc Faber) Versus Pollyanna (CNBC)

[PatColo]

Anyone still pay attention to Marc Faber? He was sort of popular among economic doomers a few years ago- I guess he "shares" the title "Dr. Doom" with Nouriel Roubini, who I also haven't heard much from in awhile. I guess we become jaded & stop paying attention when doom ISN'T 6-8 months away as most of us have expected for years.

Here Faber is preaching "austerity" and talking like the US/West will be in real pain in 5-10 years from now... what about now?! And he's bullish on S.E. Asia, though the current GDP #s he speaks of don't really impress!

Cassandra (Marc Faber) Versus Pollyanna (CNBC) (http://www.zerohedge.com/news/2012-12-23/cassandra-marc-faber-versus-pollyanna-cnbc)

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
Submitted by Tyler Durden (http://www.zerohedge.com/users/tyler-durden) on 12/23/2012 18:34 -0500



Marc Faber (http://www.zerohedge.com/taxonomy_vtn/term/11053)
Reality (http://www.zerohedge.com/taxonomy_vtn/term/12218)



A Cassandra is a hopelessly honest person, while a Pollyanna is an incredibly hopeful person, the incurable optimist. Cassandras are often disparaged as "nattering nabobs of negativism/negativity," instead of being looked upon as prophetic realists, while Pollyannas are deservedly dismissed as the "pandering puppies of positivity/positivism." To wit, this wondrously self-satirical clip pitting Marc Faber's doom-and-gloom reality with Becky Quick's boom-and-boom status quo.


http://youtu.be/IXW5g7PhbTE

http://youtu.be/IXW5g7PhbTE

http://www.zerohedge.com/news/2012-12-23/cassandra-marc-faber-versus-pollyanna-cnbc

[mamboni]

Farber is predicting a market crash with DOW down 20% or more within the next two years.

Becky Quick is oh so hot hot hot. I know she has sold her soul to the MSM. But, I am willing to overlook this small flaw if I can have her for a little while.