Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Friday, October 7, 2011
Industrial commodities will get hit hard if China goes into a Recession
Marc Faber : ...and if the Recession occurs obviously all the industrial commodities will get hit hard very hard , and other countries in the world that benefited from rising commodity prices , the Middle East Central Asia Africa Latin America Australasia they are going to get hit very hard and then they are going to have less money to buy goods from Porsche and Mercedes and Ferrari and so forth so it then generates a downturn in global trade- in Reuters
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.