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Wednesday, February 6, 2013
Marc Faber : we will head into huge tensions - not just in the Middle East, but also in South-East Asia because that is the backyard of China
Marc Faber : "What would you do if you were a strategist for the military in China, and you knew all the raw materials come here from the Strait of Malacca - and you have an American fleet around, and military bases and naval bases? I think you would be very concerned," he said.
"I am quite negative, I think we will head into huge tensions - not just in the Middle East, but also in South-East Asia because that is the backyard of China." , Dr Marc Faber told the Mining Indaba forum in Cape Town South Africa on Tuesday