The US-China Power Play

The interests of US and China are further apart than ever before according to Dr. Marc Faber. Dr. Faber believes that the problem stems from the fact that the US is a declining superpower and China a rising superpower and the current superpower US will obviously try to contain the rise of China.

According to Dr. Faber, as China rises it will want to have more say in global affairs and this can already be seen by China's expansion everywhere from Latin America to the Middle East and in East Africa. Meanwhile Dr. Faber believes that the high debt to GDP in the US, which according to his calculations is 600%, is unsustainable in the long run and will create a huge mess.