Sunday, November 20, 2011
The Chinese bubble will burst eventually
Marc Faber : The Chinese bubble will burst eventually, in three months or in three years; when it happens, it will have devastating consequences for the global economy, - in www.taipeitimes.com
Marc Faber : All the West needs to do to contain China is seize control of oil supplies
Marc Faber : All the West needs to do to contain China is seize control of oil supplies, but China and the countries dependent on oil imports would not allow that for the sake of self-preservation, - in www.taipeitimes.com
Marc Faber recommends risk diversification
Marc Faber recommends risk diversification against the current backdrop, but took a dim view of government bond purchases as they would mean trust in the easy monetary policy.
Rather, he suggests owning physical gold, equities and Asian real estate that will prove a better defense against inflation. - in www.taipeitimes.com
Greece is bankrupt whether Europe likes to admit it or not
Marc Faber : Greece is bankrupt whether Europe likes to admit it or not, and the European Central Bank will print money to postpone a systematic failure.
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