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Tuesday, March 27, 2012
Marc Faber : Invest in remote Farmland
Marc Faber : The crucial question over the next decade is not “where will my returns be highest?” but “where will I lose the least money?” In fact, he believes that losses of 50% should be considered as a relative success , investment in remote farmland could pay off Marc Faber advises , as growing social tensions could make urban life intolerable. In his view the welfare state has evolved from the many helping the few to the few helping the many and that the inevitable crash, or “rebooting the computer,” will simply have to be endured. - in The CFA Institute Middle East Investment Conference via seeking Alpha