Monday, October 1, 2012

Marc Faber Reasonably Positive About the Future of Thailand

Marc Faber : "Thailand is unlikely to be a dynamic economy. It's not going to be like South Korea or Taiwan. In the long run, it could easily grow at 4-5 [per cent] per annum for the next 10-20 years unless the whole global economy collapses. "It's like in the US ... tension between the Democrats and the Republicans are very high ... they just can't agree on anything. In Thailand, I don't know ... the red shirts, the yellow shirts ... both have probably some good and bad points. There is still too much corruption," - in The Nation 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.