David Tice: S&P Going to 400, US Dollar Going Below 65!

Every bull's best friend, David Tice, was on Bloomberg a couple days ago. Not only does he think the market will tank, he also thinks the US Dollar Index is headed below 65. It's interesting that he thinks the US Dollar will fall with deflation. But a Dollar crisis could kill it.

"The stock market has a long way to fall because GDP is going to fall, we're going to have to work off debt, unfortunately we see a funding crisis down the road, interest rates are going to have to go higher, the Dollar is likely to go lower. We're in a heck of a mess here, and in fact we're in a mess globally."

"I think stated unemployment could easily go to 14-15% or so. GDP could decline potentially 10-15% down the road."

Wow.