Marc Faber re-reading Milton Friedman's work on CNBC 10/09/2012

Thursday, October 11, 2012

Marc Faber re-reading Milton Friedman's work on CNBC 10/09/2012

Dissecting the day's major business news, with the Fast Money traders. Marc Faber, Gloom, Boom & Doom Report editor, also weighs in. Markets have been weakening technically on their way to a downward part, Marc Faber says."actually, I am just re-reading Milton Friedman's words. I just don't understand that people like yourself can all the time point out the policies that will save the system. we need less policies, not more policies."

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.