Wednesday, June 20, 2012

Marc Faber : The Germans could lose patience and decide to exit the Eurozone

Marc Faber : " I think the dollar had a very strong rally and the euro became very oversold , I think the Greek election will be favorable in other words the Greeks will decide not to leave the Eurozone and the problems will be postponed because they will not implement the austerity that is demanded by them , and I do not know what the actual outcome will be but I think it is quite possible that at some stage the Germans will lose patience and that They will exit the Eurozone " - in CNBC Interview
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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.