Marc Faber on the US for its Pivot to Asia in the South China Sea, and talks about declining US economic hegemony in the world. With Keith Hilden from the Squawkonomics team.
FABER: "I am not God, I am not here to judge who is right and who is
wrong, but if I were China, if you look at geopolitics in Asia from a
Chinese perspective, its completely unacceptable in the long run to
have American military presence in Asia".
FABER: As a large power like France and Britain and America, you
might be able to push around small countries, but you can't push around
a country that has twice the population of Europe and the United
States, and has become a relatively modern state with military that is
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.