Marc Faber

1flyfisher · Sep 7, 2009

I like what he had to say about, bernanke, obama admin, volker........poopit how funny, LOL

peilthetraveler · Sep 7, 2009

Quote from RiceRocket:

Another technological revolution in the US would attract foreign capital again, and all these scenarios would be moot.

All we need to do is come up with something really cool now...like interstellar travel, a drug that increases lifespan by 3 fold, Teleportation devices for humans, anything like that could get us back on our feet.

Misthos · Sep 7, 2009

Quote from RiceRocket:

He makes some great arguments. But he fails to account for the great flexibility of the American economic system, and flexible labor markets. Typically in these downturns, the seeds are sown for startups that create the next wave of innovation. Another technological revolution in the US would attract foreign capital again, and all these scenarios would be moot.

When was the last time that happened in American History? Please tell me when was the last time that some technological breakthrough/innovation wiped out our debts and put the banking system on solid ground.

My answer: Never.

I posted this video in another thread and agreed with Marc Faber. War is the ultimate outcome.

pulsescan · Sep 7, 2009

Quote from RiceRocket:

He makes some great arguments. But he fails to account for the great flexibility of the American economic system, and flexible labor markets. Typically in these downturns, the seeds are sown for startups that create the next wave of innovation. Another technological revolution in the US would attract foreign capital again, and all these scenarios would be moot.

........"typically in these downturns?......"

this current situation has NEVER happend in US history. this is nothing more than the carefully orchestrated destruction of the US in an effort to bring forth the NWO i.e. UN.

Debaser82 · Dec 1, 2010

Faber is speaking at a conference here next month.

Entrance is 500$...:eek:

Bit expensive no...

I'll just get my info from him on youtube!

Debaser82 · Nov 27, 2011

New video.

http://www.youtube.com/watch?v=87Ke1fotVIY

Dollar and S&P likely to remain outperforming
China is cheap but little transparancy
Gold consolidating
The system relies on assets going higher

oldtime · Nov 27, 2011

who was that guy that 200 years ago predicted the United States would some day be one of the greatest economic powers in the world? I forget, he never got much press coverage.

Cdntrader · Nov 27, 2011

Quote from oldtime:

who was that guy that 200 years ago predicted the United States would some day be one of the greatest economic powers in the world? I forget, he never got much press coverage.

thanks for posting. Always worth tracking Faber and Rogers.

oldtime · Nov 27, 2011

Quote from Cdntrader:

thanks for posting. Always worth tracking Faber and Rogers.

I've been predicting for years that it will be another average year for the stock market and nobody will cover me.

oldtime · Nov 27, 2011

If a guy started out young, and every nine years published a book about the coming disaster would over his lifetime probably eventually be right.

The media isn't that smart, and even if they have been in the business for nine years probably doesn't have an attention span that long. And even if they did and could nail you on all your previous wrong predictions would probably be superceded by the program director who understands the importance of ratings.

I'm not saying that everybody could do it, but for a few select lucky individuals it could be a very lucrative part time job.