Thursday, October 25, 2012

Get Ready for Euro Zone Break-up ~ Faber to Reuters Video

Marc Faber : ...If you would ask the question properly to the German public 'do you want to pay for the Spaniards for the Greeks and so forth ' they would say NO , but the questions are never asked in the proper context , they always say it is a disaster if the Eurozone breaks up and so forth and so on , so I think that it will stay together for the time being , but in 2 or 3 years 5 years probably there will be some countries that will have to exit .....

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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.