Thursday, May 9, 2013

Marc Faber Bearish about Canada

Marc Faber : “I think Canada is a case where you have huge leverage in the private sector and where the economy is slowing down, where you have a strong currency and where the price levels are now relatively high,” Dr. Faber told the Glob and Mail from Thailand. “I don’t think Canada is very inexpensive any more. I travel there all the time, it’s rather on the expensive side. I think there’s significant risk to the Canadian economy.” - in The GlobeandMail


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