Wednesday, May 6, 2015
Marc Faber does not see an Eurozone Break-up in the Immediate Future
I don't think a break-up is forthcoming in the immediate future because it is a very much a political issue. NATO (North Atlantic Treaty Organization), led by the US, is very concerned that if Greece leaves the European Union (EU), they will be courted by China or Russia or by a joint effort of foreign powers. I don't think it is as much of an economic issue as it is a political issue. I think the bureaucrats in Brussels and the politicians that are very close to the US will see to it that it Greece stays united with the EU.
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.
Posted by Nicole Bourbaki