Monday, June 10, 2013

In Asia : Countries such as Laos, Cambodia, and Myanmar are opening up, and Vietnam is reopening

Marc Faber : We have a lot of rich companies in Asia that have been buying other Asian companies. Provided there is peace in Asia, the long-term economic outlook is good. Countries such as Laos, Cambodia, and Myanmar are opening up, and Vietnam is reopening. There are 500 million people in this region. Wherever you go, people are talking about Myanmar. They seem to love it as much as they loved Vietnam right near the market's peak in 2006-07. - in Baron's

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