Q: Investors around the world are keeping an eye on two events in the United States. The first one, of course, is the Presidential elections and for now we know that Hillary Clinton has a slight edge over Donald Trump. In your opinion, who is a better candidate as far as the U.S. economy is concerned. What will be the implications for the world economy in either case?
Marc Faber : I think it would be good for the world if we have a U.S. President who is not a neocon and is not guided by people like the Bush family, but someone who is prepared to see the world the way it is. The world is not as it was a 100 years ago where western powers were able to colonise the world and impose their will. Today, we have countries like India and China and even Russia that have become very powerful. So we have to negotiate with these countries keeping in mind their perspective, not just our perspective of the world. And this is something Hillary Clinton just can’t do. She was Secretary of State so we know what her record is. She supported the invasion of Iraq. She supported and launched the invasion of Libya and she supported also the nation-building in Egypt and the war in Syria – all major disasters. And so I am telling myself, maybe after all, Trump is a better choice. -- in Bloombergquint.com
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
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