MARC FABER BLOG: No one wants to work in the UK

Friday, October 14, 2011

No one wants to work in the UK

Marc Faber : “Yes, because no one wants to work in the UK,” Marc Faber told CNBC studio, recently when one guest told him that David Cameron is telling the United Kingdom that they should tighten their bells work harder and for less and it doesn’t seem to be working too well, so far

3 comments:

BhaktaOctober 15, 2011 at 10:32 PM
Why should anyone work when they can get good welfare support and kick back?
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PinguinpatOctober 16, 2011 at 12:34 PM
Yeuh right, it's the people!!
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RonOctober 24, 2011 at 11:24 PM
In the UK social security creates social degeneration and diverts borrowed funds into non-wealth generating activity. Greece is but an extreme example of this approach.
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Dr Faber studied economics at the University of Zurich and, at the age of 24, obtained a PhD in economics. He publishes a widely read monthly investment newsletter The Gloom, Boom & Doom Report, which highlights unusual investment opportunities, and is the author of several books, including Tomorrow’s Gold – Asia’s Age of Discovery which was first published in 2002 and highlights future investment opportunities around the world. Tomorrow’s Gold was for several weeks on Amazon’s bestseller list and has been translated into Japanese, Korean, Thai and German. A regular speaker at various investment seminars, Dr Faber is well known for his contrarian investment approach. He is also associated with a variety of funds.

Dr. Marc Faber Short Bio

Who is Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He 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. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.

Friday, October 14, 2011

No one wants to work in the UK

3 comments:

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