Monday, July 23, 2012

Marc Faber : A Currency Union in Asia is out of the question

Dr. Marc Faber on Dennis Tubbergen Show - 15 July 2012 discusses his opinion on China’s currency, the Renminbi, becoming the world’s currency,China and Brazil’s recent currency agreement, balance in the economic power, the recent rally in US government bonds, inflation vs. deflation, and his ‘prediction’ of the financial future. " a Currency union in Asia is out of the question says Marc Faber , because of the political divisions in Asia and the unsuccessful experience of the Euro in Europe
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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.