A global systemic collapse would in relative terms benefit the US, says Marc Faber

Business Intelligence ME
Mar. 07, 2011


INTERNATIONAL. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor suggested that in a very negative environment where everything collapses, the US would outperform many emerging markets as it is still a relatively self contained economy that produces enough food and has the resources to produce enough energy, if it wants to. [...]

"In general, if you are very bearish about emerging economies, you shouldn't be bullish about the US. What I am saying is that the US would go down less than emerging markets".

"I am suggesting that America will outperform it doesn't mean it will go up, Faber stressed.

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