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Marc Faber – Central Banks Could End Up Owning Every Asset In A Country

Silver Bullion, Released on 9/19/18

Discussed in this interview:
01:18 Do trade wars do any good?
08:30 Even with free trade, how competitive is the U.S?
11:46 How the U.S trade deficit could be reversed.
15:24 Is the U.S an empire in decline?
18:33 Will U.S Treasury holders dump U.S dollars?
24:36 U.S dollar to lose its reserve currency status?
29:23 How many more Fed rate hikes ahead?
31:55 Silent socialism: Central bank could own all assets in a country.
38:49 How the next crisis compares to the 2008 financial crisis?
41:28 How can your wealth survive the next financial crisis?

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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