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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