Macro Outlook with Marc Faber: Lockdown Tyranny, Quantitative Easing, Gold, US Equities, Real Estate, And More
0:00:00 Welcome and context0:02:40 What is happening at the world at the moment?0:08:06 What are your thoughts on MMTs?0:10:45 What is the future for FIAT currencies?0:17:20 How do investors position their portfolios?0:20:51 What's your advice for people on diversification?0:26:34 How does the wealth discrepancy works it's way around?0:34:10 Do you think the whole world is moving towards Socialism?0:39:58 What other economies you'd consider investing in?0:43:21 Where can people find out more about you?
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