Monday, March 9, 2015

Indian Growth along with Vietnam & Cambodia will be among the strongest in The World




“I think that Indian growth will be among the strongest in the world, along with maybe Vietnam and Cambodia,” Faber said in a phone interview from Chiangmai in Thailand without giving a timeline“Will it be 6.5% or 6% or 8%, who knows? Also, GDP (gross domestic product) is not a very relevant statistic in my opinion. More relevant is GDP per capita in real terms, inflation-adjusted,” Faber said, adding that the well being of people and an improvement in productivity are the more relevant factors.
“Will it be 6.5% or 6% or 8%, who knows? Also, GDP (gross domestic product) is not a very relevant statistic in my opinion. More relevant is GDP per capita in real terms, inflation-adjusted,” Faber said, adding that the well being of people and an improvement in productivity are the more relevant factors. -- via www.livemint.com


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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