Sunday, March 08, 2009

Marc Faber: inflation, war, gold

It's not just about money. There will, thinks Faber, be graver consequences. Here.

Also, here, from which the following extract:

The best bet for investors may be to buy a farm and escape from the cities, as a prolonged recession could lead to war, as the Great Depression did, said the Swiss national, who now lives in Thailand.

“Buy a farm and let your girlfriend work on the farm,” he said, to the applause of investors. “If the global economy doesn’t recover, usually people go to war.”

For pictures of his elegant Chiang Mai home, possibly a clue to his personality, see here - and for local Thai comment on him, see here.

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