i don't ignore you, marc faber. >> has it gone down or up?oes, does so at their own pertil. >> we have had the financial break of our life. that's already happened. another is not due. even geithner says there will be another one. >> we will have to talk at christmas. >> one every eight years or so? >> well, anyway, the other thing i would like to leave as a comment is since the beginning of the year all i hear is the very bullish comments and very bearish comments. and everybody is an expert. and everybody is glued on what ms. yellen is saying and not saying. the fact is the stock market has done nothing. and the momentum stocks owned by the retail clients and some hedge funds are down between 20% and 50%. whether it's yelp, amazon or netflix or tesla. whatever you look at, they are down substantially. >> all right. meanwhile, you're calling us from like leonardo the dicaprio's beach. how far is the ocean where where you are, marc? >> 30 meters. >> you are a dog. i knew that. it's not raining. is it sunny? >> it was sunny during the day. i'm

marc faber says we are in for another crisis in the next six months. >> six months?is due for me. historically, there will be a down turn in the stock market if not the larger economy. so when you look at this now over centuries, are we in for a double dip? >> the state of new york market is different than the larger economy. it's high. it is as likely to go up as down. it is as likely to go way up as way down. if we're talking about china, i think china we can talk about having a significant risk in the next six months. six years maybe more likely. anything is possible. but i don't think the lights are all blinking red. >> in the united states, do you worry about any debt accumulation? people are talking about private equity and all these devices that started to permeate the system pre-2005, 2006. are we getting there? i don't want to the square people. i'm just trying understand where we are. >> certainly thing is the credit has been throwing again. that's why volatility may have become coming out. it's part of the normalization. but overall, public, private are ve

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