A global systemic collapse would in relative terms benefit the US, says Marc FaberBusiness Intelligence MEMar. 07, 2011 |
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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. Read More |