Wednesday, April 28, 2010

Marc Faber : time to kick out Greece and Portugal out of the EU

Marc Faber: Time to Kick Greece Out of EU

April 28 (Bloomberg) -- Marc Faber :"I think probably the best will be to kick out Greece , the country that abuses the system in other words they did not have the fiscal descipline that was essentially imposed by the EU treaty "
Marc Faber, the publisher of the Gloom, Boom & Doom report, said the time has come to eject European Union members, including Greece, that repeatedly violate the region's budget rules.

Dr. Marc Faber Tomorrow's Gold

Dr. Marc Faber author of the Gloom, Boom and Doom report is a world class Investor, Doctor Faber 's typically controversial and contrarian views have earned him the label of Dr. Doom. Doctor Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades . Marc Faber is a Swiss investor.He was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager.