Economic Catastrophe as Governments Destroy Average People with Marc Faber

WTFinance, Released on 6/14/24 (Recorded on 6/13/24)

During our conversation we spoke about whether the economy is still in a recession, inflation, precious metals, the collapse of empires, Russia & China, market crash risk and more. I hope you enjoy!

0:00 – Introduction
1:39 – Still in a recession?
5:27- Linked to inflation?
6:24 – Spiralling out of control?
10:13 – Platinum
10:54 – Precious metals
13:25 – Cost of debt collapsing empires
14:45 – Russia & China
17:14 – Trade challenges
19:55 – Recession and market crash?
24:27 – Unloved investments?
30:02 – Miners unloved
31:56 – One message to takeaway?

Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In 1990, he set up his own business, Marc Faber Limited which acts as an investment advisor and fund manager. Dr. Faber publishes a widely read monthly investment newsletter, “The Gloom Boom & Doom Report,” which highlights unusual investment opportunities, and is the author of several books including Tomorrow’s Gold: Asia’s age of discovery which was a best seller on Amazon. Dr. Faber is known for his “contrarian” investment approach and charismatic personality. He became infamous after calling the 1987 crash in US equities.

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