Marc Faber recently gave a speech at the Ludwig von Mises Institute's "Mises Circle In Manhattan" on May 22nd, 2010, entitled "Mirror, Mirror on the Wall, When is the Next AIG to Fall?"
Our very own Robert Wenzel picked up a summary of the speech written by a blogger in attendance, Andrew Mellon, available here.
The LvMI recently posted the audio of Faber's speech (audio link) as well as the PowerPoint file with charts and graphs accompanying the speech (PowerPoint file).
Faber gave a lively talk and moved about the stage while circling different items on the projection screen with his laser pointer, so I will be posting the full video of his speech as soon as it becomes available in the next week.
Faber also participated in a short Q&A panel at the end of the day (audio link). He didn't say much (none of the panelists really did) but it's worth listening to for a few of Faber's patented inappropriate innuendos-- especially his interplay partway through with Bob Murphy, who also sat on the panel.
One of the best speeches of the day (audio link) actually came in the early morning and was delivered by the one person on the speaking list who isn't even a "true" Austrian economist, banking analyst Christopher Whalen of Institutional Risk Analytics. This was a speech that started off a bit ambling and ambiguous but gained steam all the way into the final moments when the man really started smashing his points home, it's definitely worth a listen.
And let's not forget Bob Murphy's speech on "Only the Austrians Understand Interest Rates" (audio link), wherein Murphy absolutely crushed all non-Austrian economists with his incredible metaphorical prowess.
Of course, all the speakers were interesting and provided worthwhile contributions to the topic of Austrian Economics and the Financial Markets, so if you are interested you can listen to them all at your convenience.
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