Thursday, May 24, 2012

Marc Faber : Greece should be kicked out of the EU

Marc Faber : I think that most people would be relieved if finally Greece was kicked out of the EU which should have happened right away in other words it (Greece) should have never joined the EU , and when the first signs three years ago occurred that Greece was having very large fiscal deficit the EU should have taken measures and kicked out Greece from the EU and the damage would have been much smaller than what it is at the present time - in Bloomberg
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Dr. Marc Faber Tomorrow's Gold







Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.