Marc Faber: Is there a 'revolutionary period' on the horizon?
00:36 What great investors does Marc admire?05:20 Why the world's policy to print money (in Japan, Europe and the US now) is misguided and prohibits innovation?13:32 Is the 'socialist utopia' upon us? What will happen to inflation? Why do we need a 'Central Bank' in the first place?23:48 Will we be able to escape the current malaise with exponential technology growth?28:45 Is there a 'revolutionary period' on the horizon?35:01 Will we see a massive bank failure like Lehman Brothers again?42:33 How China got so successful relative to the US and Western Europe? Will these powers clash in the foreseeable future?53:42 Is America's influence in the world a positive or negative force? Why it should lead more by example.
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