Marc Faber: We Have Colossal Credit Bubble in China

Marc Faber, investor and author of the "Gloom, Boom & Doom Report," talks with Francine Lacqua about his call that the Federal Reserve has launched a U.S. recession, the investment opportunity in 10-Year and 30-Year U.S. Treasuries, troubles in the Chinese economy, and his preference for emerging markets. He speaks on "The Pulse." (Source: Bloomberg)