Saturday, June 29, 2013

Marc Faber : The Economy will weaken and not strengthen Globally

Marc Faber : "The economy will weaken and not strengthen globally because if you look at where the growth came from over the last ten years, it came almost 80 percent from emerging economies. These are not growing now and corporate profits will come under pressure and that will have an impact on Western European companies and US multinationals,"

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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