Economy, Marc Faber

The problem with Mr. Obama is that you get more regulation and it’s a disincentive for businessmen to hire people. You probably also get higher taxes, so in terms of the economy, he is very negative in my view.

- Marc Faber (1946- )

Finance·Money, Marc Faber

If you are eager to invest in countries that have good corporate governance, don't invest in emerging economies.

- Marc Faber (1946- )

Economy, Marc Faber

Europe is already in recession. Germany is still growing very, very slightly, but is likely to go into recession soon. The U.S. economy has decelerated and I don't see much growth in the next six to 12 months. ... I think that if you look at the injection of liquidity and the intervention by the Federal Reserve and the Treasury with fiscal measures, it has already impoverished the U.S. economy.

- Marc Faber (1946- ), CNBC, 2012.08.23

유럽은 이미 경기침체에 들어가 있습니다. 독일은 여전히 매우 매우 천천히 성장하고 있지만, 곧 경기침체에 빠져들 겁니다. 미국 경제는 속도를 줄이고 있는데 향후 6개월에서 12개월 이내에는 큰 폭의 성장은 어려워 보입니다. ... 만약 유동성 주입과 재정수단으로 연방은행과 재정부의 간섭이 보인다면, 미국 경제는 이미 빈곤해 지고 있는 것입니다.

- 마크 파버, CNBC

Finance·Money, Marc Faber

I think that people should own some gold and I think that people should own some equities, because before the collapse will happen, with Mr. Bernanke at the Fed, they're going to print money and print and print and print. So what you can get is a bad economy with rising equity prices.

- Marc Faber, in CNBC, 04/02/2012

---

CNBC: 'Massive Wealth Destruction' Is About to Hit Investors: Faber

Finance·Money, Marc Faber

Somewhere down the line we will have a massive wealth destruction that usually happens either through very high inflation or through social unrest or through war or credit market collapse. Maybe all of it will happen, but at different times.

- Marc Faber, in CNBC, 04/02/2012

Finance·Money, Marc Faber

I suppose the world will always develop but that we will always have periods where we have wars and tremendous wealth destruction, or where we have plague and where the population shrinks. I am optimistic about certain issues and pessimistic about others.

- Marc Faber, interview with the Daily Bell, 06/26/2011

---

Daily Bell: Marc Faber on 21st Century Investing, Why It's Too Late for the Dollar and Why Emerging Markets Look Good

Economy, Marc Faber

Economics is a very complex system and is essentially human life and the behavior of humans. So to build one theory around it is probably wrong.

- Marc Faber, interview with the Daily Bell, 06/26/2011

---

Daily Bell: Marc Faber on 21st Century Investing, Why It's Too Late for the Dollar and Why Emerging Markets Look Good

Finance·Money, Marc Faber

I think that interest rates in time will be much higher because the fiscal deficit will stay very elevated or even increase and that will impair the ability of the government to pay the interest. If the ability to pay the interest is impaired, there's only one way out and that is for them to print money, and so eventually you will get higher interest rates.

- Marc Faber, interview with the Daily Bell, 06/26/2011

---

Daily Bell: Marc Faber on 21st Century Investing, Why It's Too Late for the Dollar and Why Emerging Markets Look Good