Monday, July 20, 2015

Marc Faber Warns : Chinese Growth has Slowed Down to trickle

Marc Faber : "We just heard from the Australian treasurer that growth this year in China will be 6.75 percent. It's a pipe dream that will never materialize. Maybe that will be published by the government but the reality is that Chinese growth has slowed down to trickle," - in CNBC

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.

1 comment:

  1. I agree with the fact that we should see a big impact on company profits from a reduction in business input costs and increased consumer discretionary expenditure.


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