Friday, March 14, 2014

Faber predicts a fall in Chinese growth to 4% in 2014

Marc Faber, editor & publisher of ‘The Gloom, Boom & Doom Report’, explains why his forecast of a four per cent growth rate for China may not be a bad thing unless you are a property speculator. He thinks it will be better for China to deflate its debt bubble now rather than later…

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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