would imagine that real estate is relatively safe because it’s widely
owned by a large portion of the population. It may go down in value and
it may be taxed away but it’s feasibly safe.
you look at Germany in 1928, the large and the more stable companies
from Siemens to whatever it is, say, BASF, they survived. And so you
were better off in stocks in the long run to wars and hyperinflation
than in cash and bonds.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.